Pensacola's maritime industry has long been vital to the local economy. However, it now faces the challenge of ensuring businesses continue through generations. As experienced marine business owners look to the future, succession planning becomes crucial. In response...
Family-owned businesses face unique tax challenges when planning for succession. Proper tax planning is necessary to ensure a smooth transition and avoid excessive tax burdens. Estate tax considerations Florida does not impose a state estate tax, but federal estate...
When it comes to estate planning in Florida, business owners must consider the future of their companies and how to ensure a smooth transition. Planning as early as possible is ideal since waiting too long can limit the options available and increase the risk of...