Estate Planning For Doctors Estate planning is essential for everyone for many reasons, including financial, legal, and personal purposes. A sound estate plan takes careful consideration and is an ongoing process. Estate planning can be particularly tricky to navigate for doctors because their profession often leaves them vulnerable to lawsuits and litigation. The medical field can […]
Taxes And Estate Planning Estate planning reflects and connects many areas of an individual’s life, both financial and personal. Tax matters should be a key consideration during the estate planning process. Certain estate planning strategies can help estate owners minimize their tax burdens and ensure that more of their assets are passed on to beneficiaries. […]
How To Handle Business Succession Planning With Your Estate PlanA comprehensive estate plan establishes what will happen to a person’s assets, who will take care of the person’s children, and how other important affairs will be handled when he or she dies or becomes incapacitated. Estate plans are highly personal, so the right plan depends […]
While spring brings a change in the weather for most locations, it also brings a number of opportunities to refresh your products and services. Spring is a great time to boost your marketing campaigns so that you can boost your business revenues. Adding the theme of spring to your marketing campaigns allows customers to see […]
You’ve probably spent a lot of time and energy developing your small business. However, have you given much thought to what will happen to your company whenever you decide to retire or stand down? Planning for business succession can help with that.Business succession planning includes identifying potential leaders for your organization, helping them grow, and […]
Estate planning is a crucial part of planning for the future, and discussing death and the end of our lives may be uncomfortable. However, it is critical to have these talks and make an estate plan in order to guarantee that our desires are followed out and our loved ones are cared for after we […]
You spend a significant part of your life building your business, and it becomes a major part of your legacy. But when you die, everything you have built could fall apart if you have not taken the time to create a business succession plan. Without a plan in place, your business’s fate may be decided […]
If you have accumulated more money in your business checking account than you really need for daily operating expenses, that is a nice problem to have! It’s time to consider putting that money to work. A business savings account might be your answer. Every bank is different when it comes to the features and benefits […]
Given that interest rates and inflation are currently at a 40-year high, it is important to make financial resolutions to ensure your finances are in good shape. Here are four healthy financial habits you must start by 2023: Create a spending plan. Consolidate all debt. Improve your financial legacy through estate planning. Prioritize saving. […]
A new year is a perfect time for a fresh start for you and your business. Here are five ways to welcome 2023 and make it your best year ever. Decide on a theme for 2023 Setting a theme for the year can help you remember what you want to focus on. Some examples of […]