If your business is your biggest asset, do you have a plan to protect it? In this episode, Alex Mejias breaks down estate planning and succession planning for entrepreneurs. Learn how buy-sell agreements, operating agreements, durable powers of attorney, and revocable living trusts work together to preserve your company’s value and make sure it passes to the right people—without costly, public probate. Key Takeaways: A solid entity shields personal assets.A succession plan (often via a buy-se...
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If your business is your biggest asset, do you have a plan to protect it? In this episode, Alex Mejias breaks down estate planning and succession planning for entrepreneurs. Learn how buy-sell agreements, operating agreements, durable powers of attorney, and revocable living trusts work together to preserve your company’s value and make sure it passes to the right people—without costly, public probate. Key Takeaways: A solid entity shields personal assets.A succession plan (often via a buy-se...
Choosing the Right Entity Structure for Your Business
The Mark You Leave
19 minutes
3 months ago
Choosing the Right Entity Structure for Your Business
Episode Summary: In this episode of The Mark You Leave, Alex Mejias of James River Law, along with co-hosts Tariq and Bri, breaks down the big decision every business owner must make -- how to choose the right legal entity structure. From the simplicity (and risk!) of sole proprietorships to the flexibility of LLCs, the team uses real-life examples (yes, Beyoncé and Destiny’s Child included) to walk through partnerships, C corps, S corps, and PLLCs. Plus, they discuss how to actually protect...
The Mark You Leave
If your business is your biggest asset, do you have a plan to protect it? In this episode, Alex Mejias breaks down estate planning and succession planning for entrepreneurs. Learn how buy-sell agreements, operating agreements, durable powers of attorney, and revocable living trusts work together to preserve your company’s value and make sure it passes to the right people—without costly, public probate. Key Takeaways: A solid entity shields personal assets.A succession plan (often via a buy-se...
