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Tag: estate planning

Business Trusts 101: What Entrepreneurs Should Know about Using a Business Trust

Business Trusts 101: What Entrepreneurs Should Know about Using a Business Trust. with a photo of business men shaking hands

Business trusts offer several potential benefits—and drawbacks—compared to a traditional business structure. Understanding the pros and cons can help you to decide whether a trust makes sense for your business. 

How to Talk to Your Family About Business Succession

How to talk to your family about business succession. A group of 3 people looking at a legal document.

Business succession planning is a strategy for passing on control of your company. For many family-owned businesses, this means transferring management and ownership to the next generation.

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