Keeping a King in the Castle with a Well-Maintained Cash Reserve BY THEUS LAW OFFICES You’ve no doubt heard the old business cliché “cash is king.” And it’s true: A company in a strong cash position stands a much better chance of obtaining the financing it needs, attracting outside investors or simply executing its own strategic [...]Continue reading

2 Ways to Transfer a Family Business BY THEUS LAW OFFICES For many people, a family-owned business is their primary source of wealth, so it’s critical to plan carefully for the transition of ownership from one generation to the next. The best approach depends on your particular circumstances. If your net worth is well within the [...]Continue reading

Dig Out Your Business Plan to Prepare for the Year Ahead BY THEUS LAW OFFICES Like many business owners, you probably created a business plan when you launched your company. But, as is also often the case, you may not have looked at it much since then. Now that fall has arrived and year end is [...]Continue reading

Retiring Abroad? Review Your Estate Plan Before Making the Move BY THEUS LAW OFFICES If you dream of spending your golden years in a tropical paradise, a culture-rich European city or another foreign locale, it’s important to understand the potential tax and estate planning implications. If you don’t, you could be hit with some unpleasant surprises. [...]Continue reading

A Strong BYOD Policy Combines Convenience with Security BY THEUS LAW OFFICES It’s easy to understand why more and more businesses are taking a “bring your own device” (BYOD) approach to the smartphones, tablets and laptops many employees rely on to do their jobs. BYOD can boost employee efficiency and satisfaction, often while reducing a company’s [...]Continue reading

Educate Your Children on Wealth Management BY THEUS LAW OFFICES If you’ve worked a lifetime to build a large estate, you undoubtedly would like to leave a lasting legacy to your children and future generations. Educating your children about saving, investing and other money management skills can help keep your legacy alive. Teaching Techniques There’s no [...]Continue reading

4 Pillars of a Solid Sales Process BY THEUS LAW OFFICES Is your sales process getting off-balance? Sometimes it can be hard to tell. Fluctuations in the economy, changes in customer interest and dips in demand may cause slowdowns that are beyond your control. But if the numbers keep dropping and you’re not sure why, you [...]Continue reading

Turn Down an Inheritance Using a Qualified Disclaimer BY THEUS LAW OFFICES If you are about to receive an inheritance from a family member, you can use a qualified disclaimer to refuse the bequest. The assets will then bypass your estate and go directly to the next beneficiary in line. It’s as if the successor beneficiary, [...]Continue reading

Tenancy-in-Common: A Versatile Estate Planning Tool BY THEUS LAW OFFICES If you hold significant real estate investments, tenancy-in-common (TIC) ownership can be a powerful, versatile estate planning tool. A TIC interest is an undivided fractional interest in property. The property isn’t split into separate parcels. Rather, each TIC owner has the right to use and enjoy [...]Continue reading