Estate Planning & Corporate Attorney Joseph Boyles, Esq.

  Summary of the Article: Importance of estate planning for small business owners in Pensacola Selecting appropriate estate planning tools, including wills, trusts, and buy-sell agreements Evaluating tax implications and developing tax minimization strategies Succession planning to ensure business continuity Integrating personal and business estate planning goals   The Importance of Estate Planning for Pensacola Small Business Owners Estate planning is a crucial aspect of financial management for individuals and families. For small business owners in Pensacola, it becomes even more critical to ensure that your hard-earned business assets are protected and distributed according to your wishes. This article discusses key estate planning considerations for small business owners in Pensacola. Selecting the Right Estate Planning Tools for Your Business A Pensacola estate attorney can help you select and implement the appropriate...

  Summary: A shareholder agreement is a legally binding document that outlines the rights and responsibilities of shareholders in a corporation. The agreement can address issues such as ownership rights, voting rights, decision-making authority, and shareholder disputes. Shareholder agreements can be customized to meet each corporation's and its shareholders' unique needs. Shareholder agreements can help prevent disputes and provide a clear framework for decision-making and governance. An experienced corporate attorney can help draft a shareholder agreement that meets the needs of the corporation and its shareholders.   A shareholder agreement is a legally binding document that outlines the rights and responsibilities of shareholders in a corporation. The contract can address various issues, from ownership rights and voting rights to decision-making authority and shareholder disputes. In this article, we'll ...

  Summary: Have a comprehensive estate plan in place Establish a trust to protect your assets and avoid probate Create a succession plan for your business Consider life insurance as a financial tool for estate planning Consult with an experienced estate planning attorney As a Pensacola business owner, you've worked hard to build your company and create a legacy. But what happens to your business and assets when you're no longer around? Without proper estate planning, your hard-earned wealth and heritage may not go to the people or causes you intended. Estate planning is essential for all business owners, regardless of the company’s size. In this article, we'll share the top 10 estate planning tips for Pensacola business owners to help you protect your assets and ensure your legacy lives on. Why Estate Planning Matters for Business Owners Many business owners put off estate planning because they believe it's something they c...