<p>Effective estate planning should address wealth transfer from a practical and cost-effective approach. One estate planning strategy that families with closely held businesses should consider is the family limited partnership. What Is a Family Limited Partnership? A family limited partnership is a partnership agreement that exists between family members who are actively involved in a [&hellip;]</p>

<p>In response to a pandemic-induced sell-off in March 2020, the Federal Reserve announced that it would purchase corporate bonds, including riskier junk bonds, as part of its effort to stabilize the financial markets. Fed bond buying, along with a pledge to keep interest rates near zero for as long as needed, helped to calm the [&hellip;]</p>

<p>Many large companies use advanced technology and expertise to capture and analyze data as they look for ways to improve business efficiency and customer interaction. Fortunately, a growing field of user-friendly software services enables small businesses with limited budgets to do the same. For example, cloud-based applications can make it more affordable for small businesses [&hellip;]</p>

<p>The Small Business Reorganization Act of 2019 (SBRA) added a new Subchapter V to Chapter 11 of the Bankruptcy Code, which was intended to “streamline the process by which small business debtors reorganize and rehabilitate their financial affairs.” Prior to the SBRA, using a Chapter 11 bankruptcy to restructure took a long time and was [&hellip;]</p>