Employee stock ownership plan - A versatile business exit and estate planning tool - If you own a closely held business, a significant portion of your wealth may be tied up in it. So, to prepare for retirement and provide for your loved ones, you need an exit plan. One option, if your business is a … [Read more...]

Estate Planning is not a ‘one size fits all’ tool. Instead, it involves collaborating with a knowledgeable professional to identify what your personal goals are for your estate and your family, and finding the best versions of the available legal tools to craft an estate plan which […] (source) … [Read more...]

The Holidays bring us all together, perhaps more than any other part of the year. We find it can be useful to have a conversation with your family about estate planning over the Winter holiday season, but it’s important to approach the topic with sensitivity and understanding. Estate planning can be … [Read more...]

Choosing the executor for your Will is a critical decision that will significantly affect the success of your estate plan. To help you choose the right person for the job, here are some essential tips and key considerations. 1. Understand the Role of an Executor... (source) … [Read more...]

After the Supreme Court struck down a controversial bankruptcy plan from Purdue Pharma, the maker of OxyContin, those who sued the drug company were left uncertain about when promised funds would be available to combat addiction and other damage from the ongoing drug epidemic. The ruling upended a … [Read more...]

Rudolph W. Giuliani told a bankruptcy court on Monday that he would like to have his assets sold to pay his creditors, including two Georgia election workers he defamed in his efforts to keep former President Donald J. Trump in office after the 2020 election. Mr. Giuliani asked the bankruptcy … [Read more...]

NEW YORK — Chicken Soup for the Soul Entertainment, the parent of DVD rental operator Redbox, has filed for Chapter 11 bankruptcy protection. The bankruptcy filing comes after months of a series of financial struggles for the company and piling unpaid bills. Chicken Soup for the Soul has … [Read more...]

WASHINGTON — The Supreme Court said Thursday that members of the Sackler family cannot be shielded from liability for civil claims related to the opioid epidemic, jeopardizing a bankruptcy plan that would have offered such protection in exchange for channeling billions of dollars toward addressing … [Read more...]