March 22, 2021
Here’s a nightmare for you. You and your partner signed a partnership agreement, began your business, built it, and were on the verge of seeing it really take off when the unthinkable happened: your partner was hit by a drunk driver while crossing the street on the way to work and killed. Not only do you have to cope with a shattered (business) life, but also you have to face the grueling details of buying back your partner’s interest in the business. Not surprisingly, your partner’s spouse is pestering you for the money in order to meet family expenses. But the value of the business interest is far greater than cash flow. Where will you get the money? That’s where a bit of planning can help everyone breathe easier during this difficult time . . . and life insurance can help. As Richard Ginnaty points out in his article on the subject, “Life insurance on the partners in a business can be an effective way to ensure that the business survives the death of a…
Continue ReadingListen to the Episode Below: I only want to focus on 3 things, said Caryn. But who will do the rest? Burned out, tired, and constantly pulled away from her family, Caryn Kopp reached her…
Read MoreOK, I’ll confess that my feathers are a little ruffled today (maybe a case of a bad nights sleep), but seeing Guy Kawasaki’s Top Ten (Sixteen) Lies of Lawyers just stuck in my craw. I…
Read MoreOften because, in short, they don’t ask for it. I was chatting with Bunmi Zalob, publisher of WomenEntrepreneur.com’s Secret to Serenity blog, about “??playing small.” And why women seem to do it. The sad truth…
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I know first-hand that running a knowledge-based service business has unique challenges. It’s so much easier when you have an advocate in your corner. Over the past 25 years, I’ve worked with thousands of New York business professionals who want a legal advisor to guide and support them as they navigate the business world.
With wide-ranging experience as a business attorney, strategist, and media authority, I bring the added power of a business lens to the legal issues my clients are facing.
And because I’ve been a business owner myself, I’ve lived through the soaring highs and devastating lows – like when my first law firm failed. So I understand what’s involved to serve great clients, detect business risks early and build a true legacy.
I can’t get those 12 years back. That’s why I have made it my mission to ensure that business professionals like you can become wise and discerning leaders, build a solid business, and live your best life.
