Jul 3, 2025 | Business Valuation, Estate Planning, Tax Preparation
Determining the value of a business is a critical step in estate planning. It is especially beneficial when calculating estate taxes. For business owners, their company is often one of the largest assets in the estate. The IRS requires a business valuation to...
Jun 20, 2025 | Business Valuation, Estate Planning, Gift and Estate Tax
Gift and estate planning is essential to secure your assets with minimal tax burden. Proper gift and estate planning also ensures the efficient transfer of assets to any beneficiaries. One of the most important steps during this process is conducting a business...
Mar 20, 2024 | Business Valuation, Equipment Appraisal, Estate Planning
Estate planning is a critical aspect of financial management. It ensures that a third party distributes your assets after your passing. The byproduct of estate planning is various legal documents. These may include wills, trusts, powers of attorney, and beneficiary...
May 5, 2020 | Business Valuation, Estate Planning, Small Business, Succession Planning
Transferring your family business is often a large process for small business owners. Having an effective succession plan in place helps avoid many of the potential pitfalls in the transition. Whether you are ready to retire or plan to be a part of the business until...
May 4, 2020 | Business Valuation, Estate Planning, Small Business, Succession Planning
Many small business owners spend a lifetime building their business. But many fail to plan the transition of their business. This transition process is known as succession planning. It can be difficult for an owner to decide whether to sell, dissolve, or transfer the...
Apr 29, 2020 | Business Appraisal, Business Valuation, Estate Planning, Small Business
Family-owned businesses are frequently a part of estate and succession planning. As a business owner, your family business is often one of the largest assets in your estate. If you are gifting or transferring ownership, particularly for closely-held businesses, a...
