All My Business Content

Is a Limited Liability Company (LLC) Right for You?

Marguerite C. Weese |
My Business
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There are many ways to structure your company, and an LLC may offer the features and benefits you need.An LLC is a legal entity regulated by law, and must be registered with the Department of State in which it’s established.Instead of owning stock, each member owns an interest in the LLC, much like a partnership.LLCs offer flexibility in the structure of the company’s members, potential tax advantages, and the ability to minimize the personal risk and liability of the company’s owners.

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Is Your Business Ready for Your Retirement?

Marguerite C. Weese |
My Business
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As a business owner, you need to develop a solid business succession plan that defines the role that your company will play in your retirement and estate plans.Whether you plan to pass the business on to your children or sell it outright, each option has unique considerations.Succession plans can be structured any way you like, just so long as you have one in place well before you need it.

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Benefiting from Intrafamily Sales

Marguerite C. Weese |
My Business
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When structured correctly, intrafamily sales may help you reduce gift and estate tax obligations while you pass valuable assets to your heirs.There are a wide variety of methods you can employ when structuring an intrafamily sale, with potential short- and long-term benefits for you and your heirs.Each method has strengths and weaknesses in terms of suitability, complexity, and cost, and your goals will determine which techniques are most appropriate.

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