What is estate planning? What is a trust and how do you establish one? This article explains estate planning vocabulary in simple, easy to understand language.
Davidson Law Firm has specialized in contract drafting and negotiation for businesses and individuals for nearly 40 years. Before you contact a contractor about remodeling your home, check out this article full of helpful tips to help you draft a winning remodeling contract. The attorneys at Davidson Law Firm are here to help if you have any questions.
This article will answer many of your questions regarding the Family and Medical Leave Act. If you have further questions or would like to speak to a legal professional, please feel free to contact us. Davidson Law Firm has a great deal of experience in working with both businesses and employees in Arkansas. We are here to help.
The vast majority of American family-owned businesses are proudly passed from one generation to the next. However, passing on the business you’ve worked so hard to build can come with some significant challenges that require careful planning to ensure a smooth and sustainable transition.
We’ve all heard from lawyers like me (perhaps, ad nauseam) how important estate planning is, but we keep harping on precisely because we’ve witnessed the havoc that occurs when families fail to plan for the future. Because so many modern businesses have become more sophisticated and more valuable than in previous generations, succession planning has become more complex, making estate planning is more critical than it has ever been.
Naturally, all of this complexity can lead most people to procrastinate when it comes to estate planning. At Davidson Law Firm we’ve heard the same excuses for delaying this inevitable task over and over, but for every excuse, there are a handful of reasons to get motivated and take action.