There are a variety of business structures depending on your business’ goals and needs, such as: Sole proprietorship Limited liability company (LLC) Professional Association Corporation S-Corporation Partnership Limited Partnership Limited Liability Partnership...
In Florida, if you are married and have adult children together (assuming that neither one of you has children with another person), all of your assets will automatically go to your spouse unless you create an alternate plan. This is a good thing, right? After all,...
The Crucial Role of Elective Share in Florida Like homestead, Florida’s elective share can wreak havoc on an estate. What exactly is elective share? [Read Transcript] Hi, this is Barry Haimo. Thank you for stopping by for a dose of Bite-Sized Bits of...
In estate planning, uncertainty and misconceptions often shroud the fate of our assets after we’re gone. One prevalent belief revolves around the idea that if you pass away without a will, the state swoops in to claim your hard-earned wealth. Is this true? No....
Building Systems for a Successful Business Exit Running a business is an exhilarating journey that requires immense dedication, hard work, and strategic planning. As an entrepreneur, it’s important to consider how to build and grow your business so that it can...
Selling your business involves a myriad of considerations. Beyond market conditions, due diligence sets the stage for securing a favorable price and advantageous terms in the sale. This video highlights crucial steps from the initial nondisclosure agreements (NDAs) to...
