4 Factors to Consider Before Buying a Business

4 Factors to Consider Before Buying a Business - Michaelson Law - Nevada

Starting a new venture by buying an existing business is very exciting! While it’s exciting, there are various things to consider before you sign that dotted line. If you’re interested in buying a business but don’t know where to start, check out these four factors to consider before buying a business. Business Valuation You need […]

Can My Trust Own My Business After Death?

Can My Trust Own My Business After Death

The answer to the title question depends on a few factors, but, in general, yes —your trust can own your business after you die. There are several factors to consider, including the type of business and the type of trust. Is your business a limited liability company (LLC), a partnership, a corporation, or a sole […]

Safely Store Important Financial and Legacy Information

It is crucial to get important estate and financial planning documents done, but it is just as important to store those documents in a safe place that your survivors can easily access. Estate planning documents like your will, living wills, powers of attorney, trusts, medical directives, and financial information are needed during the biggest emergencies, […]

THE NEW 199A REGULATIONS AND YOUR BUSINESS

New Tax Savings Opportunities Wondering about the new Section 199A deduction in 2018? The deduction became effective on January 1, 2018, but guidance on how it would be calculated has been the topic of much speculation. Congress delegated the job to the Internal Revenue Service (IRS), and it’s finally coming to light. For months, we’ve […]

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