Over the years, one of the biggest challenges for small businesses is finding ways to transfer the value embedded in the business to the next generation. With the busy-ness of everyday operations demanding constant attention, business succession planning often remains...
Planning is a must for small business owners. Market studies show that 65-75% of individuals surveyed have not created estate plans, or their plans are outdated and ineffective. The percentage of unprotected individuals and families is usually higher for younger...
Big news!! I’m excited to announce that I will be joining Creative Planning Legal, P.A. at the first of October. For me, and for my clients at The Bell Law Firm, P.A., this is a timely opportunity. It will take some time to finish the transition, and more...
One thing you can count on at the beginning of every new year is lots of lists. The best list, the worst list, “my New Year’s resolutions list,” and it goes on and on. Amy Grant has a beautiful holiday song known as “My Grown-Up Christmas...
Types of Businesses and Why They Need an Operating Agreement Businesses come in many forms ranging from the simple one owner sole proprietorship to the more complex Limited Liability Company (LLC) or Corporation. Most states, Missouri and Kansas included, have simple...
