You’ve built a business you’re proud of. Maybe you started it from scratch, or maybe you’ve grown what someone else began into something that provides for your family and your employees. Either way, you’ve worked hard to get here. But what happens if you can’t run it anymore—not because you want to step away, but because you’re suddenly unable to?…

With the (likely *fingers crossed*) repeal of the Federal Estate Tax, asset protection planning is going to be the primary motivation for complex estate planning moving forward. Family Limited Partnerships have been a staple of higher net worth planning for decades, but Family LLCs are on the rise for good reason. There are several advantages to utilizing a Family LLC…

To borrow a line from Dr. Seuss’ “Oh the Places You’ll Go”: “I’m sorry to say so, but sadly it’s true”, if you’re a solo business owner in North Carolina, the chances are that you have no business succession plan in place and should something happen to you – whether it be death or incapacity – your business will crumble.…

For individuals and families with any significant assets, planning for the unexpected can be overwhelming – where to begin, what to include, mitigating risk as much as possible, and still accounting for use and flexibility of assets. Life can be a B.E.A.S.T. – death, creditors, market fluctuation, taxes, etc. Implementing holistic, overall planning is how you tame the B.E.A.S.T. B: Buy-Sell…

Many business owners are just too busy with building a successful business that they fail to create an exit plan for retirement or unexpected death. Often the death of an owner can be crippling for a business, especially small businesses with limited remaining employees. Worry not. Here are four tips for creating a successful business succession plan: 1. Create an…