Category Archives for "Business Planning"

Mar 04

Navigating State Laws Governing Business Names

By Christine Faulkner

One of the coolest parts of owning a business is getting to come up with its name. On the creative side, you’re choosing a name to represent and encapsulate the essence of your life’s work. On the practical side, you’re trying to come up with something that will most effectively grab the interest of potential […]

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Feb 25

Could an IRA Trust Benefit Your Family?

By Christine Faulkner

Unlike most of your assets, individual retirement accounts (IRAs) do not pass to your family through a will. Instead, upon your death, your IRA will pass directly to the people you named via your IRA beneficiary designation form.Unless you take extra steps, the named beneficiary can do whatever he or she wants with the account’s […]

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Feb 18

Canadian Cryptocurrency Exchange Goes Bankrupt After Owner Overlooks One Crucial Task

By Christine Faulkner

Last week, we discussed three potential scenarios in which poor estate planning can cripple your business. However, the damage described in those three hypotheticals pales in comparison to what recently happened in real life to the owner of one of Canada’s hottest new startups. Gerald Cotten launched the cryptocurrency exchange QuardigaCX a little more than five […]

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Feb 11

3 Ways A Lack of Estate Planning Can Cripple Your Company

By Christine Faulkner

When running a business, it’s easy to give estate planning less priority than other matters. After all, if you’re facing challenges meeting next month’s payroll or your growth path over the immediate term,  concerns over your potential incapacity or death can seem far less pressing.   But the reality is considering what would happen to your […]

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