by Howard C. Stross | Jul 13, 2016 | Business Law, Commercial Real Estate
When you own investment real estate with another person, what do you have? Do you have a partnership that owns the real estate or is the real estate your separate property which you may do with as you please, subject only to rules embodied in a multi-owner agreement?...
by Howard C. Stross | Mar 18, 2016 | Business Law, Buying and Selling a Business, Small Business
BUSINESS TRANSITION / BUY-SELL AGREEMENT CHECKLIST When considering selling or transferring control of your business, or even buying a business (collectively referred to below as “Business Transition”), where do you start? Speak with your attorney. The discussion with...
by Howard C. Stross | Feb 26, 2016 | Business Law, Estate Planning, Small Business, Trust Administration
NOTE: This is the second blog in a series on business succession planning. If you have not read the first blog of this series, please do so before reading this second part. Click here: What Will Happen to Your Business if …? You, the business owner, have built a...
by Howard C. Stross | Feb 18, 2016 | Business Law, Estate Planning, Small Business, Trust Administration
This post is the start of a discussion about business succession and the personal effect on the business owner. The intent here is to help the business owner identify the commitment she/he must have to deal with the “what ifs” in transitioning from a business owner’s... by Howard C. Stross | Apr 29, 2015 | Business Law
NOTE: If you have not read Part 1 of this series, please do so before reading this Part 2. Click here: Family Business Part 1. If a Key Employee is the person being groomed to take over the family business and that person is a family member, paying attention to family... by Howard C. Stross | Mar 17, 2015 | Business Law
Family owned business succession planning is a choice; not doing it at all or biting the bullet and facing the hard questions before there is a need to do so. We may not have a choice about how we enter this world, but we can decide how we exit it. There are two...