Latest Insights
Learn about the latest legal developments that could potentially impact your life, your family, and your business.
Valuing Shares in a Privately Owned Company
Valuing Shares in a Privately Owned Company
When a co-owner or partner in a private company wants to sell his or her shares, valuing their shares can be a problem. Public company shares are traded on a public market, so the price is clear. Private companies have to use different methodologies that can be...
What You Need to Know About Buy-Sell Agreements
What You Need to Know About Buy-Sell Agreements
If you are co-owner of a business, it is important to plan for what happens if you or another owner exits the business. This is particularly crucial if the company is a partnership or closely held corporation because those remaining will want control over who gets...
Disinheriting Your Children Without Ending Up in Court
Disinheriting Your Children Without Ending Up in Court
Most parents want to leave their children an inheritance if they can afford to do so, but that isn’t universally true. There are plenty of parents who decide not to give anything to one or more of their kids or leave them money in unequal shares. While it’s legal...
Estate Planning: Why Now Is a Good Time to Make Large Gifts
Estate Planning: Why Now Is a Good Time to Make Large Gifts
Generosity doesn’t always come with a timetable, but if you have been thinking about when to make large gifts of cash or property to someone, now might be a good time. These unique times we’re all currently living through may make now the best time in recent...
How to Raise Successful Children of Wealth
How to Raise Successful Children of Wealth
There are numerous stories of wealthy families that over the generations became poorer rather than richer. Overspending and poor financial decisions by the Pulitzer's, Barbara Hutton (Woolworth heiress) and others resulted in the loss of much of the family fortune....
Additional Tactics to Minimize the Risks of Trust Litigation
Additional Tactics to Minimize the Risks of Trust Litigation
Lawsuits by trust beneficiaries are a regular occurrence for several reasons. Often, it is because trusts involve families which means that there may be personal conflicts fueling the underlying litigation. Those issues may make it harder for the parties to settle...