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Home >> Small Business Planning

The Importance of Succession Planning in a Family Business

July 30, 2019 by Andreas Kulas

family business

For many Americans, owning and operating a family business is part and parcel of the American Dream. If that describes you, you have probably invested a significant amount of time and resources into your business. With that in mind, you have undoubtedly gone to great lengths to protect your business from things such as theft, natural disasters, and even economic downturns. What you may not have in … [Read more...] about The Importance of Succession Planning in a Family Business

Filed Under: Small Business Planning

More Boomers Selling Their Businesses

February 27, 2014 by Andreas Kulas Leave a Comment

The number of small businesses coming onto the market has increased dramatically recently due in no small part to baby boomers eager to retire. A survey from Pepperdine University and two industry groups, M & A Source and the International Business Brokers Association, shows that small business sales have increased by over 50% in 2013 from the same time in 2012. Much of the increase can be … [Read more...] about More Boomers Selling Their Businesses

Filed Under: Baby Boomers, Small Business Planning Tagged With: small business

Small Business Planning – Seeking Assistance

November 28, 2011 by Robert Kulas. Leave a Comment

Are you interested in starting a small business, but all the legal jargon has you confused? You’re not alone in this issue. While there are a lot of acronyms to learn about – LLC, INC, C Corp, S Corp – understanding how to structure your business legally is important and must not be overlooked. Because it is not difficult to start a business or a company, there are defaults already put into … [Read more...] about Small Business Planning – Seeking Assistance

Filed Under: Small Business Planning Tagged With: asset protection lawyers, estate planning lawyers, small business planning, trust, trustee, will

The Limited Liability Company

March 23, 2011 by Robert Kulas. Leave a Comment

If you are a small business owner, the Limited Liability Company, or LLC, is one among several forms of ownership available for you to choose from.  The LLC can be a viable option for both sole proprietorships and businesses with multiple owners, and it combines certain features of a partnership with certain features of a corporation into a business form that offers flexibility and protection to … [Read more...] about The Limited Liability Company

Filed Under: Small Business Planning Tagged With: small business

Does Your Business Have a Buy-Sell Agreement?

February 2, 2011 by Robert Kulas. Leave a Comment

If you own a business and you want to see that business survive even after your death, you need a succession plan. And, if your business is co-owned, part of that succession plan should be a Buy-Sell Agreement. What is a Buy-Sell Agreement? A Buy-Sell Agreement is a contract that you and your co-owners enter into, while you’re all still alive and well - preferably when your business is … [Read more...] about Does Your Business Have a Buy-Sell Agreement?

Filed Under: Small Business Planning Tagged With: small business

Own a Small Business? Don’t Forget Life Insurance

December 13, 2010 by Robert Kulas. Leave a Comment

When people consider buying a life insurance policy, they’re usually thinking of providing for their spouse and children in the event they pass away. But, if you’re a business owner, you need to know what life insurance can do for you. The first step is to envision what you’d like to have happen to your business if you passed away unexpectedly. If Your Loved Ones Will Take Over If you plan to … [Read more...] about Own a Small Business? Don’t Forget Life Insurance

Filed Under: Estate Planning, Small Business Planning Tagged With: business succession planning, Life Insurance, small business

Own a Small Business? You Need a Succession Plan

September 27, 2010 by Robert Kulas. Leave a Comment

If you’re like a lot of small business owners, it’s probably easy for you to get caught up in taking care of the day-to-day operations, and put off thoughts of what would happen to your business if you passed away. Yet, if you want your business to thrive even after you’re gone, it’s essential that you have a plan for how that will happen. So, where do you start? The first, and maybe the most … [Read more...] about Own a Small Business? You Need a Succession Plan

Filed Under: Estate Planning, Small Business Planning Tagged With: succession plan

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I have known Robert Kulas for 20 years since I was co-executor for friends who had Mr. Kulas prepare a Trust for them. When I felt I needed a trust also, I came to him. I have always been completed satisfied with his work and that of his charming, competent staff.

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Mr. Kulas and his staff have been extremely helpful & knowledgeable for the over 3 years we have been associated. They are easy to talk to and explain everything without feeling rushed. Very competent and professional.

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I have worked with Mr. Kulas & staff before. And they are very professional. I am very satisfied with Mr. Kulas and his staff and give them the highest satisfaction and 5 star rating.

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Robert Kulas and staff made making a will an easy to understand process. They were very knowledgeable and attentive to my wishes. All my documents were provided in an organized binder which will be a great asset to my family. I would definitely recommend them.

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Everyone treated us extremely well.  Robert explained how a trust works and the benefits of having one.  We decided to move forward and complete the process.  He was very kind and knowledgeable.  Julie was also very helpful and very patient with our questions.  We felt very comfortable with this firm handling our affairs.  We would highly recommend this firm to our friends and family.

~Janice M
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August 25, 2020
    

"Everyone treated us extremely well.  Robert explained how a trust works and the benefits of having one.  We decided to move forward and complete the process.  He was very kind and knowledgeable.  Julie was also very helpful and very patient with our questions.  We felt very comfortable with this firm handling our affairs.  We would highly recommend this firm to our friends and family."

Janice M
Client Review
August 25, 2020
    

Robert Kulas and staff made making a will an easy to understand process. They were very knowledgeable and attentive to my wishes. All my documents were provided in an organized binder which will be a great asset to my family. I would definitely recommend them.

Krissy L.
Client Review
August 25, 2020
    

I have worked with Mr. Kulas & staff before. And they are very professional. I am very satisfied with Mr. Kulas and his staff and give them the highest satisfaction and 5 star rating.

Leo C.
Client Review
August 25, 2020
    

Mr. Kulas and his staff have been extremely helpful & knowledgeable for the over 3 years we have been associated. They are easy to talk to and explain everything without feeling rushed. Very competent and professional.

Mildred W.
Client Review
August 25, 2020
    

I have known Robert Kulas for 20 years since I was co-executor for friends who had Mr. Kulas prepare a Trust for them. When I felt I needed a trust also, I came to him. I have always been completed satisfied with his work and that of his charming, competent staff.

Joan C.
Client Review
August 25, 2020
    

We began our estate plan process in 2004 (12 years ago) and have been pleased with the periodic reviews we have gone through and when changes have been needed the firm has been thorough and professional in making those changes.

L.G.K.
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