Lifetime gifts may be an excellent strategy to minimize overall estate taxes and to ensure that more of your hard-earned property goes to your family.
An Operating Agreement is a contract that is drafted, and agreed to, by the members of an LLC that lays out the rules for how the business will operate.
There are situations when the best choice may be to form as an LLC and then file an election for S-corporation tax treatment.
A final decision about whether you need a living trust should be the result of a consultation with your legal and financial advisors and your loved ones.
As an employer, you want to make sure that the time you spend developing and paying employees is not wasted when they leave and go work for your competition.