by ABIP | Sep 25, 2018 | News
If a family-owned business is your main source of wealth, it’s critical to plan for the transition of ownership in your estate plan. One option if estate tax isn’t a concern is an estate defective trust. It’s designed so that your beneficiaries are the owners for...
by ABIP | Sep 21, 2018 | News
They say cash is king. Well, one way to ensure there’s always a king in the castle is to maintain a cash reserve. But what’s the optimal amount? There’s no simple answer. Your bank’s liquidity covenants are a good place to start. To take it...
by ABIP | Sep 12, 2018 | News
Are you thinking about expanding your business to a second location? If so, make sure your company is truly ready. First ask whether you can duplicate the success of your current location at another one. Also look into how an expansion might create conflicts between...
by ABIP | Sep 7, 2018 | News
Creating a good buy-sell agreement is a critical risk-management step for any successful business with multiple owners. Valuation issues will play a major role in getting it done right.
by ABIP | Aug 28, 2018 | News
The TCJA doubled the lifetime gift and estate tax exemption this year to an inflation-adjusted $11.18 million. But it can still pay to make lifetime gifts. First, gifting removes future appreciation from the estate, saving estate tax for taxpayers with very large...
by ABIP | Aug 21, 2018 | News
There’s no law that says you can’t prepare your own estate plan. It’s easy to do so, thanks to an abundance of online services that automate the creation of a will. But unless your estate is small and your plan is exceedingly simple, the pitfalls of...
