Attorney and host Todd Marquardt talks about estate planning and business law on this edition of Talk Law Radio!
Not all Business Owners, Entrepreneurs, and Executives are billionaires like Bill Gates, Elon Musk and Jeff Bezos, but it is common to reach one or two or three million or so. This is when business legal planning and wills, trusts, and tax planning combine. You remember me talking about the Marquardt Law Firm vin diagram where the business law circle overlaps the estate planning circle. Yesterday, I was in round rock at a WealthCounsel seminar. WealthCounsel is a national community of top estate planning professionals committed to the highest standard of practice excellence. This collaborative organization, along with attending seminars taught by nationally recognized leaders in the field, keeps me on the leading edge of the newest business and estate planning ideas and approaches. Today, I will be talking about Advanced Legal Planning for Business Owners, Entrepreneurs, and Executives. This includes: 1. New Texas business laws that became effective September 1st; 2. A short description of some common uses for irrevocable trusts; a. Business management b. Charity c. Disabled beneficiaries; d. Estate Tax Inheritance plans; e. Life insurance trusts; f. Qualifying for Nursing Home Medicaid or Veterans Aid and Attendance; 3. Dealing with and managing the family dynamics 4. Planning for Licensed professionals 5. Small businesses cannot afford to pay big judgments which results in out of business. They need better protection than the big businesses do. Big businesses just settle out of court; and 6. Privacy Each one of these topics could be an entire show. Today, I’m going to give you the highlights, and if you want me to explain more detail about any of these topics call the station, email me at [email protected] or text me at 210-538-4770 Today’s show is sponsored by Marquardt Law Firm, P.C. Contact an attorney to discuss your specific circumstances. We focus on business and estate law. Schedule a consultation by calling 210-530-4278 or chat with us at www.marquardtlawfirm.com
The mission of Talk Law Radio is to help you discover your legal issue blind spots by listening to me talk about the law on the radio. The state bar of Texas is the state agency that governs attorney law licenses. The State Bar wants attorneys to inform the public about the law but does not want us to attempt to solve your individual legal problems upon the basis of general information. Instead, contact an attorney like Todd A. Marquardt at Marquardt Law Firm, P.C. to discuss your specific facts and circumstances of your unique situation.
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