Tag: Family Owned Business

We Want to Draft Your Legacy

What Is Family Business Succession Planning?

April 28, 2021
If you plan to pass your business to your offspring, there is more to keep in mind when creating your succession plan than your descendants—there are also their spouses—especially if they become ex-spouses.
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When Should a Succession Plan Be Used?

December 2, 2020
We currently have the highest estate tax exemption and the lowest intra-family interest rates in history. That combination alone is significant, but when mixed with the potential for lower estate and gift tax exemptions and depressed business valuations, you have a potent catalyst for transitioning ownership.
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Welch Law, PLLC

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Jupiter, FL 33458

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