PLDO Law Blog

estate and trust planning

Time to Think About that Family Business Succession Plan

Time to Think About that Family Business Succession Plan

The most recent PricewaterhouseCoopers U.S. Family Business Survey (2017) concludes that succession planning is a “perennial problem” for family businesses. Nearly one-third of family businesses have no succession plan at all, and just 23% have a formal documented...

THE BENEFIT OF PASS-THROUGH ENTITIES

Why do pass-through entities such as LLCs taxed as partnerships remain the entity of choice for most closely held businesses? The primary benefit of operating a business through a pass-through entity, such as an LLC taxed as a partnership, is that the income generated...

APPLE’S CONCERNING NEW TEXT MESSAGE FEATURE

Apple recently released iOS16 for the iPhone. This newest release allows iPhone users running iOS16 to edit and unsend text messages sent between other iOS16 users. While this may be welcome news for those of us who make embarrassing typos or otherwise hit the send...