by Alexander Douglas | Dec 23, 2013 | Blog, Estate Planning & Probate, Planning for High Net Worth Families with Closely Held Business
One of the most common errors parents can make when doing their estate planning is not making the hard choice as to who they want to serve as their fiduciary. Specifically, parents make the mistake of choosing among their children to serve as their fiduciary instead...
by Daniel Harris | Dec 3, 2013 | Blog, Estate Planning & Probate, Planning for High Net Worth Families with Closely Held Business
Orlando, FL – Often when a closely-held business (i.e. a non-publicly traded LLC, Partnership, or Corporation, hereinafter “Family Business”) is created there is a single shareholder who owns 100% of the voting units and thus makes all of the decisions...