Business Law

Family Business: Are Your Children Part of the Succession Plan?

October 2, 2013 by

Many small business owners believe their children will continue the family business. Unfortunately, that is not always the case. Let's revisit the scenario of Bob and Beth mentioned in a previous article. Their daughter worked in the business all ...

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Published in Business Law

Family Business Succession Planning: Do you have an Exit Strategy?

September 25, 2013 by

Small businesses in the U.S. totaled 27.9 million in 2010, according to the U.S. Census Bureau. Many small business owners believe their family owned businesses will somehow continue without interruption regardless of what happens to them, even when they ...

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Published in Business Law

Buy-Sell Agreements Minimize Confusion when One Partner Leaves or Dies

December 8, 2011 by

A buy-sell agreement is a tool for business and estate planning in Florida that reduces confusion over ownership of a business should one of its partners or shareholders die or leave the business.

Many times there is much confusion ...

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Published in Business Law