AB Law Blog

Why Business Owners Deserve More Than an Easy or Cheap Estate Plan

Why Business Owners Deserve More Than an Easy or Cheap Estate Plan

Picture this: you’ve just set up your estate plan using a quick and easy online DIY form or a budget-friendly legal service. Or maybe your financial advisor drafted it for you for a nominal fee while creating your financial plan. These options promise ease and convenience and at a fraction of the cost of hiring a legal professional. The website assured you that in just 30 minutes, you could secure your family’s future. You click “submit,” pay the fee, or receive the documents from your financial advisor, and breathe a sigh of relief, thinking your affairs are now in order…

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Choosing the Right Business Structure: Beyond the Basic LLC

Choosing the Right Business Structure: Beyond the Basic LLC

When starting a business, one of the most critical decisions you’ll face is choosing your business structure. While many entrepreneurs automatically gravitate toward forming an LLC (Limited Liability Company), this one-size-fits-all approach might not be optimal for your specific situation. Your choice of entity will affect everything from your tax obligations and personal liability to your ability to raise capital and plan for succession. Making the wrong choice could expose you to unnecessary risks or burden you with excessive taxes and administrative requirements…

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