When a Business Partner Dies Without a Succession Plan

The Overlooked Risk in Business Partnerships Business owners often invest considerable time and money into building their enterprise, but many overlook a major vulnerability: what happens to the business when one partner dies? In Louisiana, the question is further complicated by the state’s unique succession laws, particularly forced heirship. If a co-owner dies without a […]


The post When a Business Partner Dies Without a Succession Plan appeared first on Progeny Law Firm.


http://dlvr.it/TLg30G

Comments

Post a Comment

Popular posts from this blog

The Role of a Corporate Trustee in Managing Complex Estates

Image
Estate planning can be complicated, especially when it involves large estates with various assets, family businesses, or charitable giving. For many individuals, appointing a trustee to manage the estate after their death is one of their most important decisions. While family members or close friends are often chosen as trustees, there are situations where a […] The post The Role of a Corporate Trustee in Managing Complex Estates appeared first on Progeny Law Firm. http://dlvr.it/TFx34s
Read more

Do You Want to Discuss Dynasty Trusts?

Image
Dynasty Trusts present a great opportunity to pass significant wealth on to future generations. If structured properly, the assets of a Dynasty Trust pass with minimal gift, estate or generation-skipping transfer tax consequences. As we approach the sunset of the temporarily doubled Applicable Exclusion Amount, practitioners and clients should consider whether a Dynasty Trust makes sense for them. The post Do You Want to Discuss Dynasty Trusts? appeared first on Progeny Law Firm. http://dlvr.it/T2TWzT
Read more

Estate Planning for Special Needs Caregivers

Image
Estate planning is the best way to ensure your loved ones are financially and emotionally secure after your passing. Special needs caregivers have a lot on their plate, but estate planning is one area that shouldn’t be ignored. Special needs caregivers have the challenging task of planning for the future of a special needs family […] The post Estate Planning for Special Needs Caregivers appeared first on Progeny Law Firm. http://dlvr.it/T0LKkp
Read more