Articles

Corporation or LLC?

We are often asked by those wanting to start a business whether they should use a corporation or limited liability company format. Typically, the answer is “it depends”. There are many matters that must be considered. The purpose of this article is to consider the major differences between the two types of business entities. Corporations […]

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What is a Revocable Living Trust?

A revocable living trust (RLT) is a trust that is set up while you are still alive. The benefit to a revocable living trust is that there is no need for the assets within the trust to pass through probate. This eliminates attorney and court fees that would otherwise have to be paid during the […]

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What is Your Exit Strategy?

Think of an exit strategy as a way to set your own finish line. It is your goal to succeed without a line to cross, a clock to run out, or a point limit to reach. An exit strategy is the plan to leave your business after a certain amount of time, certain goals are […]

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