Turn down an inheritance using a qualified disclaimer
If you are about to receive an inheritance from a family member, you can use a qualified disclaimer to refuse the bequest. The assets will then >>
Month: October 2018
The fine art of valuing donated property
Not-for-profits often struggle with valuing noncash and in-kind donations. Whether for record-keeping purposes or when helping donors understand proper valuation for their charitable tax deductions, the >>
2 ways to transfer a family business
For many people, a family-owned business is their primary source of wealth, so it’s critical to plan carefully for the transition of ownership from one generation >>
Dig out your business plan to plan for the year ahead
Like many business owners, you probably created a business plan when you launched your company. But, as is also often the case, you may not have >>
Keeping a king in the castle with a well-maintained cash reserve
You’ve no doubt heard the old business cliché “cash is king.” And it’s true: A company in a strong cash position stands a much better chance >>
