Take Caution When Including Employees in Your Estate Plan

Take Caution When Including Employees in Your Estate Plan BY THEUS LAW OFFICES If you’re the owner of a small business, you may think of your tight-knit group of employees as a family. If you wish to include them as beneficiaries in your estate plan, it’s critical to be aware of possible unintended tax consequences. Unraveling [...]Continue reading

Change Management Doesn’t Have to be Scary

Change Management Doesn’t Have to be Scary BY THEUS LAW OFFICES Business owners are constantly bombarded with terminology and buzzwords. Although you probably feel a need to keep up with the latest trends, you also may find that many of these ideas induce more anxiety than relief. One example is change management. This term is used [...]Continue reading

Intellectual Property Requires Careful Estate Planning

Intellectual Property Requires Careful Estate Planning BY THEUS LAW OFFICES If your estate includes forms of intellectual property (IP), such as patents and copyrights, it’s important to know how to address them in your estate plan. Although these intangible assets can have great value, in many ways they’re treated differently from other property types. 2 Estate [...]Continue reading

Review and Revise Your Estate Plan to Reflect Life Changes During the Past Year

Review and Revise Your Estate Plan to Reflect Life Changes During the Past Year BY THEUS LAW OFFICES Your estate plan shouldn’t be a static document. It needs to change as your life changes. Year end is the perfect time to check whether any life events have taken place in the past 12 months or so [...]Continue reading

Taking the Hybrid Approach to Cloud Computing

Taking the Hybrid Approach to Cloud Computing BY THEUS LAW OFFICES For several years now, cloud computing has been touted as the perfect way for companies large and small to meet their software and data storage needs. But, when it comes to choosing and deploying a solution, one size doesn’t fit all. Many businesses have found [...]Continue reading

3 Ways to Get More From Your Marketing Dollars

3 Ways to Get More From Your Marketing Dollars BY THEUS LAW OFFICES A strong economy leads some company owners to cut back on marketing. Why spend the money if business is so good? Others see it differently — a robust economy means more sales opportunities, so pouring dollars into marketing is the way to go. [...]Continue reading

Should You Name a Trust as IRA Beneficiary?

Should You Name a Trust as IRA Beneficiary? BY THEUS LAW OFFICES An IRA is a popular vehicle to save for retirement, and it can also be a powerful estate planning tool. Some people designate a trust as beneficiary of their IRAs, but is that a good idea? The answer: possibly. IRA Benefits The benefit of [...]Continue reading

Estimates vs. Actuals: Was Your 2018 Budget Reasonable?

Estimates vs. Actuals: Was Your 2018 Budget Reasonable? BY THEUS LAW OFFICES As the year winds down, business owners can be thankful for the gift of perspective (among other things, we hope). Assuming you created a budget for the calendar year, you should now be able to accurately assess that budget by comparing its estimates to [...]Continue reading

Unleash the Power of a Nonspringing Power of Attorney

Unleash the Power of a Nonspringing Power of Attorney BY THEUS LAW OFFICES Estate planning typically focuses on what happens to your children and your assets when you die. But it’s equally important to have a plan for making critical financial and medical decisions if you’re unable to make those decisions yourself. A crucial component of [...]Continue reading

Consider an Intrafamily Loan to Cover Estate Taxes

Consider an Intrafamily Loan to Cover Estate Taxes BY THEUS LAW OFFICES Sometimes estates that are large enough for estate taxes to be a concern are asset rich but cash poor, without the liquidity needed to pay those taxes. An intrafamily loan is one option. While a life insurance policy can be used to cover taxes [...]Continue reading

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