Contemplating Compensation Increases and Pay for Performance BY THEUS LAW OFFICES As a business grows, one of many challenges it faces is identifying a competitive yet manageable compensation structure. After all, offer too little and you likely won’t have much success in hiring. Offer too much and you may compromise cash flow and profitability. But the [...]Continue reading

Protect Your Peace of Mind With a Trust Protector BY THEUS LAW OFFICES Irrevocable trusts can allow for the smooth, tax-advantaged transfer of wealth to family members. But there’s a drawback: When you set up an irrevocable trust, you must relinquish control of the assets placed in it. What you can control is who will eventually [...]Continue reading

6 Ways to Get More Value From an IT Consultant BY THEUS LAW OFFICES IT consultants are many things — experts in their field, champions of the workaround and, generally, the “people persons” of the tech field. But they’re not magicians who, with the wave of a smartphone, can solve any dilemma you throw at them. [...]Continue reading

Business Tips for Back-to-School Time BY THEUS LAW OFFICES Late summer and early fall, when so many families have members returning to educational facilities of all shapes and sizes, is also a good time for businesses to creatively step up their business development efforts, whether it’s launching new marketing initiatives, developing future employees or simply generating [...]Continue reading

At Your Own Risk: The Pitfalls of DIY Estate Planning BY THEUS LAW OFFICES There’s no law that says you can’t prepare your own estate plan. And with an abundance of online services that automate the creation of wills and other documents, it’s easy to do. But unless your estate is small and your plan is [...]Continue reading

HSA + HDHP Can be a Winning Health Benefits Formula BY THEUS LAW OFFICES If you’ve done any research into employee benefits for your business recently, you may have come across a bit of alphabet soup in the form of “HSA + HDHP.” Although perhaps initially confusing, this formula represents an increasingly popular model for health care [...]Continue reading

3 Reasons you Should Continue Making Lifetime Gifts BY THEUS LAW OFFICES Now that the gift and estate tax exemption has reached a record high of $11.18 million (for 2018), it may seem that gifting assets to loved ones is less important than it was in previous years. However, lifetime gifts continue to provide significant benefits, whether [...]Continue reading

Prepare for Valuation Issues in Your Buy-Sell Agreement BY THEUS LAW OFFICES Every business with more than one owner needs a buy-sell agreement to handle both expected and unexpected ownership changes. When creating or updating yours, be sure you’re prepared for the valuation issues that will come into play. Issues, What Issues? Emotions tend to run [...]Continue reading