Month: August 2016

For many family owned businesses the creation of a Family Limited Partnership ("FLP") is a great way to achieve succession planning. When it works well, a founding member of the business can enjoy peace of mind knowing that his hard-earned business can stay within the...

I am often asked: What is the probate process and how can I avoid it? Simply put, probate is the government supervised process of transferring assets titled in an individual's name according to the terms of that individual's last will and testament, or if the...