Like it or not, everyone must prepare for the day when all their assets will pass on to someone else after they die. Despite any foreboding associated with estate planning, taking the time to do it correctly and making well-informed decisions can help keep family...
Month: January 2020
Three possibilities to consider when business owners divorce
Chicago-area couples who have a mutual marital interest in a highly profitable business may financial success, but their marriage may not be so successful. If they decide to divorce, they will have to determine what to do with their privately held business, if it is...
Options for dividing a family business during divorce
The equitable division of property is one of the top concerns during the divorce process. Part of that process may include division of a family business and the valuation of that business the family has worked a lifetime to build. As a result, it is useful to be...