Jeffrey CohenBusiness Succession Planning – Cultivate Enduring Value in Your Company Business succession planning may be one of the most challenging issues a small business owner will face. However, a well-conceived succession agreement can minimize friction among owners, relatives, and key executives and ensure the business endures for the next generation. Many small business owners may … Continue Reading
Business Entity Selection Entity selection is one of the most important decisions a new business venture has to make.The choice you make about the structure of your business will affect how much you pay in taxes, the level of risk to your personal assets, and even your ability for funding. Our firm can help advise … Continue Reading
Important Reminders for Any Entity that requires an Operating Agreement. It is important to review each Operating Agreement each year; especially since there has been new rules that have been passed that affect certain aspects of the agreement. Below is a list of some items to help you review the agreement: Ensure that the new … Continue Reading
Probate can be an overwhelming and stressful prospect. Understanding what probate means is the first step to navigating your way through this process. Probate, also called “estate administration,” is the process by which a deceased person’s will and property are handled in court. A probate case may be required even if the deceased person, called the … Continue Reading
You have probably heard the word “probate,” with its negative connotation, and wondered, “What is probate, and do I need to worry about it?” Simply put, probate, also called “estate administration,” is the process by which a deceased person’s will and property are administered by the court. A probate case may be required even if the … Continue Reading
Important items to keep in mind if you are setting up or operating a charity. Did you know that if you want to set up or operate a charity in Colorado that there are legal and tax considerations? The charity must be organized as the proper entity with the State of Colorado and then must … Continue Reading
A new year is on the horizon which encourages business owners to think of ways to innovate and grow their businesses. While you are trying out new ideas and strategies, it’s important to remember some fundamentals. One of these fundamentals for owners of S-Corporations are the bylaws of the business. S-Corporations are required by state law … Continue Reading
