As you venture into the world of estate planning, you may come across a term that sounds both intriguing and mysterious – Short-Term Guardians! Now, don’t worry if you haven’t heard about them before – we’re here to unravel the magic and show you why they’re a crucial part of your estate planning journey. What’s the Buzz About Short-Term Guardians? Picture this: You and your partner are planning a well-deserved getaway, just the two of you. But as loving parents, there’s one big…Read More
In the realm of Estate Planning, the narrative often centers around married couples. However, for those who are not married, the importance of Estate Planning shines even brighter. Whether you’re in a committed partnership, single, or part of a unique family structure, Estate Planning holds essential significance that transcends marital status. This Blog post is dedicated to unraveling why non-married individuals should embrace Estate Planning as a tool to safeguard their future and the well-being of their cherished ones. *1. Partner Protection:* For…Read More
Introduction While the do it yourself approach is commendable for various endeavors, Estate Planning demands a level of expertise that online templates and generic documents simply can’t provide. In the intricate landscape of Estate Planning, overlooking crucial details could lead to significant risks for you, your loved ones, and your assets. In this discussion, The Lawler Group will shed light on why enlisting professional help is the cornerstone of sound Estate Planning. 1. Validity Under Your State Law: Legal documents, including those in…Read More
Introduction: As a seasoned Estate Planning attorney specializing in Business Law and Business Succession Planning, I understand the unique challenges faced by small business owners. In this blog post, we’ll address key considerations to ensure a seamless transition for your business in the event of unforeseen circumstances. 1. Why Estate Planning is Crucial for Small Business Owners Without a well-structured estate plan, state laws may dictate the fate of your business. Typically, states divide assets equally between children and spouses, but this may…Read More
Introduction: Business Succession Planning is a crucial aspect of any successful business strategy, yet it often gets overlooked until it’s too late. While many assume it’s solely about planning for one’s retirement or unfortunate events like death or incapacity, it encompasses much more. Business Succession Planning can be the key to seizing unexpected opportunities, maintaining business continuity, and ensuring the smooth transition of your enterprise. In this blog, we’ll explore five essential points to consider when developing a solid Business Succession Plan. 1.…Read More
Introduction: As passionate business owners, we invest our time, energy, and passion into building thriving enterprises. However, it’s imperative to consider the unforeseen events that life may throw our way. A robust business succession plan ensures that your hard work and dedication continue to flourish, even in your absence. Let’s delve deeper into the critical aspects of succession planning to safeguard your business legacy. 1. The Death of an Owner: While it may be a somber topic, it’s a reality that must be…Read More
Introduction: Estate planning is a cornerstone of responsible business ownership. It ensures that the fruits of your labor continue to thrive even after unexpected events. Central to this process are Shareholders’ and Buy/Sell Agreements, powerful tools that provide clarity, security, and peace of mind. In this post, we’ll delve into why these agreements are indispensable in safeguarding your business legacy. Shareholders’ Agreements: Shareholders’ Agreements are binding contracts that govern the relationship between the shareholders of a company. They outline the rights, responsibilities, and…Read More
At The Lawler Group, we believe in harnessing technology to simplify your life. That’s why we’re thrilled to introduce Virtual Estate Planning as a convenient option for our valued clients. In today’s fast-paced world, we understand that your time is precious. That’s why we’ve designed our estate planning services to be accessible virtually, allowing you to secure your legacy and protect your loved ones—all from the comfort of your own home. Let’s delve into the specific benefits of Virtual Estate Planning: 1. Convenience…Read More