Asset Protection & Business Planning
As more Americans become entrepreneurs, they discover that wise business planning is essential to their success today and their financial security tomorrow. Here at Stefankiewicz & Barnes, we are prepared to help you achieve your professional goals, no matter the size of your business.
Buy-Sell Agreements
A buy sell agreement is a contract among the owners of a business. This contract provides terms for their purchase of a withdrawing partner's or stockholder's interest in an enterprise. Creating a Buy-Sell agreement can help you achieve tax advantages and gain control with respect to your family business. Equally important is the mental tranquility you'll gain when you know your children will be well provided for and your legacy will be passed on in a highly structured and cost-efficient way.
Family Limited Partnerships
The Family Limited Partnership may be something you may want to consider. It is a strategy that can help you meet diverse goals such as estate planning and protection from lawsuits. When used appropriately, Family Limited Partnerships can create a significant amount of savings for families in gift and real estate taxes. We will help you determine if it's right for your business and family.
Lawsuit & Asset Protection
In today's world, you're faced with the constant threat of predators who will try to use the legal system to deprive you of your life's work. Part of your birthright is that you may be sued at any time, for any reason, and for any amount. The good news is there are proven strategies that will ethically preserve your wealth and keep the vultures at bay. We can help with these strategies for safeguarding your assets.
Limited Liability Companies
Tax-advantaged status and liability protection are the hallmarks of this legal tool. If we determine that a Limited Liability Company is appropriate for your situation, we will ensure that you derive all the benefits this company structure offers.
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