Aside from your love, probably the greatest gift you can give your children to provide for them. But how do you provide for your kids if you’re not alive? Basically, you need a plan. It does not have to be complicated or unduly expensive. First, have a qualified attorney prepare your Wills. In your Wills… Continue Reading
Author Archives: John
Top Reasons to Make or Change Your Estate Plan
The following address some of the most common life events and changes in law that support getting your estate plan updated: The birth or adoption of a child; A child(ren) having reached the age of majority who may now be able to assist in your estate plan as an executor, trustee, or act on your… Continue Reading
3rd Annual Senior Day
Bothell’s Annual Senior Celebration Tuesday, September 11, 2012 Bothell’s Senior Day Celebration is upon us once again! Join the Northshore Senior Center and Greater Bothell Chamber of Commerce on Tuesday, September 11, 2012, and be a part of this growing tradition of honoring our seniors. Shop at the stores on Main Street, dine at the… Continue Reading
Business Succession Planning
If you are a business owner you need to think not only about routine estate planning but also what will happen with your business when you retire, die or become incapacitated. Recent studies show that approximately 27% of family owned or family managed businesses worldwide will change hands in the next five years. However, less… Continue Reading
Shareholder Agreements – Smart Planning for Business Owners
Most closely held businesses with multiple owners should have a Buy-Sell Agreement, often called a Shareholder Agreement. Without such an agreement problems can arise. Upon an owner’s death his or her shares in the company will often pass to a surviving spouse. This may or may not be desirable from the surviving business owner’s point… Continue Reading