You want to start a new company, and you're thinking about going into business with a family member. The two of you have already talked about it, and it seems like a good fit, but you're trying to decide if it's a good idea or not.
Many people include trusts in their estate planning to include their loved ones and descendants in their wealth more easily. Trusts can handle large assets in more manageable ways than simply leaving them to heirs in wills. Assets in trusts can be more useful and less liable to excessive taxation.
Your company has not opened its doors yet, but the decisions you make could drastically impact its livelihood moving forward. The terms of your commercial lease could prove very critical to your success.
If you own commercial real estate, the day may come when you decide to sell a property. While any type of real estate transaction can be complex, commercial real estate transactions can be particularly complicated and it's important to take steps to protect your financial interests.