Whether you are just starting your own company, or are a seasoned entrepreneur, a business succession strategy is an integral part of your estate plan. Many people understand the significance of a comprehensive estate plan.
Have you made your 2018 resolutions? They may include losing weight, exercising more, eating healthier or quitting smoking. Why not consider kick starting 2018 with a resolution to review your existing estate planning documents?
When you own and operate a business, your Buy-Sell Agreement is probably the last thing on your mind. It’s something your business attorney drafted years ago and most likely you have not thought about it since. Or, maybe you don’t have one at all! Just like your personal estate planning, having an estate plan for your business is very important.
The last day to file a 2016 Annual Report for all Florida profit corporations, limited liability companies and limited partnerships is May 1st. File your Annual Report at http://www.sunbiz.org/. Businesses filing after May 1st will be assessed a $400.00 late fee. Detailed instructions on filing your Annual Report can be found at https://efile.sunbiz.org/sbs_ar_instr.html.
When you own and operate a business, your Buy-Sell Agreement is probably the last thing on your mind. It’s something your business attorney drafted years ago and most likely you have not thought about it since. Or, maybe you don’t have one at all! Just like your personal estate planning, having an estate plan for your business is very important.
The Importance of a Business Succession Plan
Your Business and Estate Planning
Estate Planning and Your Business
Reminder of Important Filing Deadline for Florida Business Entities
Estate Planning for Your Business