Author Archives: Steve Katz

How to decide whether to incorporate

By Steve Katz | Published: August 28, 2011
Since our firm receives so many calls about the benefits of incorporation, we are starting a series on Business Formation. How to decide whether to incorporate is the first installment. A future article will address seven powerful reasons to incorporate. The right business structure can save you money and protect your personal assets When you [...]
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Buying a restaurant: Should you purchase the stock or the assets?

By Steve Katz | Published: August 25, 2011
Are you thinking about buying a restaurant or any other business? Your first major issue is to decide exactly what you are buying. Consider the following example. “Tony” started a neighborhood Italian restaurant in Seattle over twenty years ago. His Seattle business lawyer helped him incorporate the business as “A Little Taste of Italy Inc.” [...]
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Planning for the sale of a business

By Steve Katz | Published: August 25, 2011
Selling your business and reaping the rewards of years of hard work is the dream of every business owner. You need the right team behind you. Selling a business is different than buying one. Sellers and Buyers look at the transaction in opposite terms. The documents you used when buying your business can be useless [...]
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Estate planning: Top 5 advantages to having a will

By Steve Katz | Published: August 24, 2011
Planning an estate is a very personal and individual matter. When you’re planning your will, you should think about the following issues: Who should be named as personal representative of your will? Who should receive property, and in what amounts? Are there any organizations, such as schools or charities, that you want to remember? Are [...]
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Estate planning: More than a will

By Steve Katz | Published: August 23, 2011
Besides preparing a will, there are some other things that people find useful in planning their estates. An attorney can discuss and help implement these types of estate planning ideas with you. 1. Durable Power of Attorney If you become disabled or incompetent, your family may need to go to court to have a guardian [...]
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