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Posts Tagged ‘Legal’


Grieving widow angry that husband worked to death

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Comment: I enjoyed your paper on Key Person Insurance last week. I have a situation where a husband has died. He owned ½ the business. The grieving wife has turned up to demand her husband’s salary. There is no money to buy her out. She also thinks that the business is worth a fortune because, [...]

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LawBiz® Legal Pad On the Road!: Practice Succession Planning

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What happens to your firm when you need to retire, or during unplanned circumstances such as death? In todays clip, Ed discusses the importance of succession planning, and gives some helpful tips to get you started. Duration : 0:7:43 Recommended ReadingManagement Succession Planning for Family BusinessesReasons Why an Estate Plan Can Go Awry – Hull [...]

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Family Farm – don’t leave it to the fairies

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Comment: You have done articles on Key Person Insurance and Business Succession Planning. I am a country accountant and I can tell you that farming succession planning is the hardest. The issue of my client’s family farm Succession is a sensitive one. Succession of the family farm means that dad is either dead or incapacitated. [...]

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Business Succession Planning Tim Pepper speaks out

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In his recent Tax Institute seminar paper, Tim Pepper stated – Finally, the message over the years seems to be sinking in. The baby boomer generation is now approaching retirement. The “X” and “Y” generations are eager to accept the baton and carry on the family business. Duration : 0:3:14 Recommended ReadingManagement Succession Planning for [...]

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