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Often, Oregon business owners understand the importance of succession planning but end up leaving it to “someday.” After all, busy business owners can have so many immediate, pressing matters to attend to. However, the truth is that leaving succession plans until...
Maintaining strong, above-board communication with investors makes business sense. Besides the fact that it can keep value strong and keep lucrative relationships afloat, clear communication with investors is a legal requirement for businesses. Here are some tips...
Estate planning is often a deeply personal process, and it is one that many people work through independently with the help of lawyers and other financial professionals. However, individuals with mental health challenges may depend on support from loved ones to...
Buy-sell agreements are a critical tool for Oregon entrepreneurs and proprietors of all kinds. These agreements help to ensure that the business or businesses an owner worked so hard to build are properly transitioned when they are no longer able to run them due to...
Succession planning advice often revolves around family issues and dynamics, but for many businesses, stakeholders outside of the family may also come into play. This is particularly true for those who have non-family members in executive positions within their...
In estate planning, objects with emotional value can often be some of the hardest to address. Art collections often fall into this category. Collections often carry a great deal of value in terms of the owner's taste and emotions, making them a less straightforward...
For a business owner, a merger can be great news, as it is a chance to grow the business, open up to new markets and increase profits. But, for employees, the news of a merger can be scary or off-putting. They may wonder what the future holds for them personally and...
Often, estate planning advice seems directed at individuals who are married with children. However, the reality is that many Oregon residents preparing estate plans are unmarried. Single people taking on estate planning have unique considerations and challenges. Here...
There are many types of businesses that may be interested in holding a liquor license, from breweries and distilleries to restaurants and pubs. To sell and serve alcohol as a business, it is necessary to apply for a liquor license from the Oregon Liquor and Cannabis...
The estate planning process enables an Oregon resident to create a plan to meet short and long-term goals in accordance with applicable state laws. One individual might choose to include a certain document that another omits. A last will and testament is perhaps the...