Passing your estate to an heir with credit problems or a gambling or alcohol addiction might not only lead to that wealth being squandered, but the inheritance could worsen the destructive behaviors. Of course, you don’t want to disinherit your child simply because of his or her personal challenges. There are potential solutions that allow parents…

Structured settlements are commonly associated with the payment of personal injury damages because of their advantageous tax-free treatment. But some business purchases and buyouts can also benefit from structured settlements using annuity payments from an insurance company. Basics of Structured SettlementsA structured settlement is an agreement made to settle a monetary claim or lawsuit. It provides…

Most business owners and attorneys know the basics of the business valuation process. For example, you might know that there are three approaches to value: the cost, market and income approaches. You might even know some of the methods that fall under these approaches, including the: Adjusted book value, Excess earnings, Guideline public company, Guideline transaction…