Family Wealth and Other Musings

Episode 106 - How Your Choice of Business Entity Affects Your Tax Obligations...Part 2

Along with personal liability protection, record-keeping requirements, and how you plan to finance your operation, one of the main factors to consider when choosing an entity structure for your business is deciding how your want your company taxed. Your choice of entity will not only determine the rate at which. your business is taxes, as well as how and when you are required to file your taxes, but it can also impact a variety of other factors affecting both you and your company.  Last week we covered sole proprietorships, partnerships, and LLCs. This week listen in as your host, Becky Easton provides a brief overview of the tax obligations for C Corporations and S Corporations, along with some of the advantages and disadvantages inherent to each structure.  Be sure to reach out to a Family Business Lawyer near you for assistance and advice before making your final decision.  (c) New Law Business Model Support this podcast at — https://redcircle.com/family-wealth-and-other-musings/exclusive-content [https://redcircle.com/family-wealth-and-other-musings/exclusive-content]

Episode 105 - 7 Issues to Consider When Purchasing Disability Insurance

If you earn a good living now, but you worry about not having enough money for a future time when you cannot work due to illness or injury, disability insurance is your answer. However, you need to make sure you are getting an insurance policy that will meet your needs and not waste your money. Today, your host, Becky Easton, covers 7 issues to consider when purchasing disability insurance. Support this podcast at — https://redcircle.com/family-wealth-and-other-musings/exclusive-content [https://redcircle.com/family-wealth-and-other-musings/exclusive-content]

Episode 99 - How Your Choice of Business Entity Affects Your Tax Obligations - Part 1

Along with personal liability protection, record-keeping requirements, and how you plan to finance your operation, one of the main factors to consider when choosing an entity structure for your business is deciding how your want your company taxed. Your choice of entity will not only determine the rate at which. your business is taxes, as well as how and when you are required to file your taxes, but it can also impact a variety of other factors affecting both you and your company. Listen in as your host, Becky Easton provides a brief overview of the tax obligations for each type of business entity, along with some of the advantages and disadvantages inherent to each structure. Be sure to reach out to a Family Business Lawyer near you for assistance and advice before making your final decision. (c) New Law Business Model Support this podcast at — https://redcircle.com/family-wealth-and-other-musings/exclusive-content [https://redcircle.com/family-wealth-and-other-musings/exclusive-content]

Episode 98 - How to Manage Your Digital Accounts After Your Death - Part 3

If you have preferences about what happens to your digital footprint after your death, you need to take action. Unless you've planned ahead, some of your digital accounts survive indefinitely, while others automatically expire, and others have specific processes allowing you to name individuals who may have access to manage your accounts. In this week's final edition of the series, your host, Becky Easton discusses the most effective methods for including digital assets in your estate plan. Check out these programs and services mentioned in the podcast: lastpass.com directivecommunications.com Find a Personal Family Lawyer near you: personalfamilylawyer.com Support this podcast at — https://redcircle.com/family-wealth-and-other-musings/exclusive-content [https://redcircle.com/family-wealth-and-other-musings/exclusive-content]

Episode 92 - 10 Pitfalls to Avoid With Your Company's Legal Agreements...part 2

Despite the critical role agreements play in a company’s success, far too many business owners fail to take their agreements seriously. Whether it’s winging it by creating your own agreements or using cheap, do-it-yourself (DIY) legal documents you purchase online, failing to treat your legal agreements with the respect they deserve can seriously cost you. Last week, in part one, your host, Becky Easton covered the first 5 of 10 pitfalls that can put your company in serious jeopardy if you take the DIY route with your legal agreements. Here in part two, she’ll cover the five remaining pitfalls that you’re likely to encounter when going it alone with these vital documents. Find a Family Business Lawyer near you: familybusinesslawyer.co (c) New Law Business Model Support this podcast at — https://redcircle.com/family-wealth-and-other-musings/exclusive-content [https://redcircle.com/family-wealth-and-other-musings/exclusive-content]