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The start of a New Year is an ideal time for small business owners to assess their company and ensure it is set up for success in the year ahead. Savvy business owners seize this time of year to make sure legal and financial affairs are in order. Here, we pose six questions to get you thinking about protecting your business and planning for the future.
The holidays are an opportune time to ensure that your wishes are properly reflected and your family is prepared to act when needed, so this holiday season consider giving your family and friends the gift of peace of mind with these key estate planning documents.
Buckley Fine was recently awarded the prestigious “Best Law Firms” designation for 2023 from U.S. News – Best Lawyers® for Trusts & Estates - Chicago. We are honored to be recognized again and credit this achievement to our dedicated attorneys and staff. The Buckley Fine team works together to provide sophisticated solutions to individuals, families and closely held businesses. Building on decades of experience in estate planning, estate and trust administration, business representation, commercial real estate, asset protection, litigation, and employment law, our attorneys comprehensively guide clients throughout their lives.
With the new year just months away, now may be a great time to consider some year end tax planning. If you have a large estate, gifting during your lifetime can be a wise strategy to help reduce estate taxes.
After a loved one passes, it can be difficult to settle their final affairs, especially if they did not have an estate plan in place. Without a Will or Trust, the state’s default estate plan will apply and likely have to be administered through a court probate. While every estate is different, the administration can be broken down into several key steps.
As we currently face a bear market, ensure your retirement assets are properly positioned as the markets evolve. Learn how to accommodate required minimum distributions and other hurdles while protecting your savings.