Estate Planning for Business Owners: Navigating Succession Challenges and Safeguarding Business Assets

By on    Black Business  

Estate Planning for Business Owners: Navigating Succession Challenges and Safeguarding Business Assets

By Brian Figeroux, Esq. | Editorial Credit: Southworks/shutterstock.com  Key Points of this Analysis Succession Planning: Users emphasize the importance of having a clear succession plan to ensure the business continues smoothly after the owner’s death. Valuation and Division: Estate planning professionals discuss methods for valuing and dividing business interests, particularly when some heirs are involved […]

The Impact on an Estate in New York State When Someone Dies Without Completing an Uncontested Divorce: A Case Study of Short Marriages Without Children

By on    New York State  

The Impact on an Estate in New York State When Someone Dies Without Completing an Uncontested Divorce: A Case Study of Short Marriages Without Children

By Brian Figeroux, Esq. | Editorial Credit: Prostock-studio / shutterstock.com  Divorce proceedings can be emotionally charged and complex, even in seemingly straightforward cases like short-term marriages without children. When individuals pass away without having finalized a divorce, especially in cases where the marriage lasted less than three years, the implications on their estate can be significant. […]