Monthly Archives: August 2011

Love Drop #8 Helping Lucy

Love Drop is a micro-giving network of people who unite as a community to help one person or family a month. By subscribing to the team for as low as $1, they make it easy for their members to change lives in a fun and tangible way. Each month Love Drop delivers a unique combination… Continue Reading

Make Sure Your IRA Beneficiary Is Correct

A few years ago the United States Supreme Court ruled in Kennedy v. Plan Administrator for DuPont Savings and Investment that 401(k) proceeds would go to the decedent’s ex-wife (divorce occurred in the 70’s) instead of the new wife (marriage was in tact for more than a decade) because that is what the account beneficiary… Continue Reading

Business Succession Planning Should be a Priority for Business Owners and Professionals

Business Succession Planning Should be a Priority for Business Owners and Professionals

There is one aspect of running a business that most business owners often overlook; succession planning.  I am often reminded of the vary scary scary fact that, Approximately 90 percent of U.S. businesses are family firms, ranging in size from small “mom-n-pop” businesses to the likes of Walmart, Ford, Mars and Marriott. Family businesses are… Continue Reading