#FamilyProtection: Americans Think Christmas Should Be About Jesus – Rasmussen Reports™
Most Americans still say Jesus is the “reason for the season,” and want to keep the focus on Christmas when it comes to store signs. Source: Americans Think Christmas Should Be About Jesus – Rasmussen Reports™#AssetProtection: How “Gamification”’ Can Improve Family Education and Engagement
Family businesses spend an extraordinary amount of time and capital (financial, human and intellectual) on skill building and education within the family system. Rising members of the family system must master many different skills. Some of these skills can be...#AssetProtection: When Family Conflict Threatens the Business
When conflict arises between family and business goals, the natural inclination to minimize it can lead to a pattern of dysfunctional communication and greater conflict. The common practice of triangulation rarely leads to resolution of underlying issues and can be...#AssetProtection: The Nine Types of Private Equity
You’re likely familiar with the basics of private equity investing: PE funds invest in private companies and other assets with the aim of later selling their stakes at a profit, typically after five to seven years. The term “private equity” encompasses a wide variety...#AssetProtection: Building Value Is The Win-Win Of Exit Planning
If you constitute a significant part of your company’s value (a/k/a a Consequential Owner), and you have left the scene, there will likely be few buyers interested in your company, and those who are will likely pay significantly less than they would had you been an...#AssetProtection: Eight Steps to Align Your Estate and Business Succession Plans
Take these steps to coordinate your planning efforts. Source: Eight Steps to Align Your Estate and Succession Plans | Wealth Management If attacked, do you want to be Victor or Victim? At SacredHonor.US, we hate it when people die embarrassed. And at Protect.FM, we...#AssetProtection: How a Family Constitution Preserves Family Business
Good article in this month’s Trusts & Estates on how a family constitution helps to ensure successful family succession of family business: August 2016 | WealthManagement.com If attacked, do you want to be Victor or Victim? At SacredHonor.US, we hate it when...#VentureProtection: 5 Important Steps to Exit Planning
Need help? ExitLegal.com If you want to sell your online business, you’re going to require a strategy. There are a lot of different elements you need to be thinking about, and all of your records need to be up to date and in order. The sale process can be daunting; so...#VentureProtection: Once more, Ivanka Trump steps into spotlight for her father
Trump has long relied on his children in business. Ivanka, Don Jr. and Eric all hold executive positions at the Trump Organization, working in side-by-side-offices a floor below their father’s.That same family-driven model has extended to politics. Trump’s...Once the silent partner, now she’s taking the reins of the hot dog chain – The Orange County Register
Based purely on the article, it appears Galardi’s involvement is mere happenstance and given her background is the exactly what a good business succession plan (http://ExitLegal.com ) tries to avoid, but in her case this seems to have worked out great. Her...How Building a Succession Plan Can Increase Your Firm’s Value
Too often, advisors consider a buy/sell agreement to be a succession plan. Many advisors feel they are covered if they identify a buyer to take the reins in the case of their unexpected demise or an involuntary exit from the business. But a succession plan is not...Photo Gallery: Seven Family Business Succession Lessons From Prince
As the world mourns the tragic death of Prince, we here at WealthManagement.com are no different. We’ve decided to have some fun and pay tribute to His Purple Badness the way we know best—with a gallery about wealth planning! Here’s a look at seven (get it?)...Business Planning
Set up your business with tax planning, estate planning, asset protection, and family protection in mind. In this economy, you need every competitive advantage, and your competitors are not standing still when it comes to tax planning. Estate planning and business...An Exit Strategy for your Business
Your business is most likely a major asset and source of income to you and your family. However, it is probably not properly protected from life events of the co-owners, due to lack of an exit strategy. Most business owners would be shocked to discover what happens to...
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