3 Common Tax Issues for Small Businesses
Small businesses have a lot to consider as they work to bring in profits and stay viable. Many small business owners know that there are different tax obligations that they may face depending on various factors such as whether they have employees, how the company is organized, and whether they are selling goods or services … Read more
Getting Started With Your Business Succession Plan
As the owner or executive of a successful small or medium-sized business, you have a lot of responsibilities that demand your attention. It is very easy for busy professionals to procrastinate when it comes to planning for long-term needs, and perhaps the most overlooked long-term necessity is creating a succession plan for their role at … Read more
Why Your Business Plan Matters
One of the first things to do when you’re starting a new business is to create a business plan. You want to do this if you’re launching the company yourself or if you’re starting a partnership. Creating a comprehensive plan at the beginning drastically increases the odds that your business will be successful. Let’s explore … Read more
Is Chapter 13 Bankruptcy the Right Choice for Your Family?
Families across Michigan may find themselves facing financial hardship for numerous reasons. Maybe the primary wage earner for the family recently lost their job. Perhaps the parent who always stays home with the children just received a diagnosis of a serious illness. Even those who have historically made wise choices could experience financial hardship when … Read more
How Thorough Contracts Can Help You Avoid Expensive Litigation
Well drafted business contracts are crucial to the protection of your interests. They provide clarity regarding your arrangements with another party and make your business agreements enforceable. Typically, just putting your agreement in writing can go a long way in preventing disputes from arising due to a misconception about each party’s responsibilities. Any business that … Read more
3 Disadvantages of Probate
Going through probate isn’t something any of us want to do. It is time consuming and costly, and it increases the length of time it takes to distribute your assets. While probate does have some benefits to those working through a loved one’s estate, there are some significant disadvantages. The main disadvantages of probate: Probate … Read more
Why is Medicaid planning important for older Michigan residents?
When you think about your retirement and plan for your golden years, you likely envision yourself being healthy and active until your very last days. While that may be an admirable wish, it is far from the reality experienced by many aging adults in Michigan and across the United States. You may eventually require the … Read more
Protect Your Health and Wealth With Your Estate Plan
As you age and your family grows, the importance of your estate plan cannot be overstated. Your estate plan is about more than just passing on assets. It is also about making sure that you have the protections you need to ensure the resolution of your personal affairs, qualify for Medicaid, and to be sure … Read more
Is Your Business Eligible to File a Chapter 11 Bankruptcy?
Facing significant debt as a business owner can quickly become overwhelming. While your business may still be making money, you might struggle to pay your creditors or worry about the future of your company. One option you might consider is filing a Chapter 11 bankruptcy. Chapter 11 bankruptcy is typically reserved for a range of small … Read more
5 Ways to Handle a Business Dispute Between Partners
A limited liability company or limited liability partnership can be a great structure for you to utilize for your business. It allows you to retain a significant amount of control over your operations and share in a greater portion of the business’s profits, all while limiting your personal liability to a great extent. But no … Read more
Let’s Talk AboutYour Financial Future. Call For A Consultation.
For trusted help in matters of bankruptcy, estates, business, taxation or real estate, we encourage you to contact us for a no-obligation consultation. During our first meeting at our Royal Oak office, over the phone or via videoconference, you will be introduced to your main point of contact who will work closely with you throughout your case. We will take the time to listen to your story, answer your questions and develop a plan for success. No judgment, just advice geared toward your financial goals backed by decades of experience.
Please call 248-927-2755 or send us an email to learn more or to schedule an appointment. We look forward to serving you.
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