Follow

Family Business Resource Center Blog

Articles: 1-10 of 171

Build Back Better Act and What the Changes to Gift and Estate Taxes Could Mean for Your Family Business

USA - October 25 2021 The House Ways and Means Committee recently released its plan to pay for President Biden's proposed Build Back Better Act. While the plan is still in…

ESOPs as a Succession Plan

USA - October 18 2021 Succession planning, the art of ensuring that a family business successfully outlasts its founding generation, is a perpetual issue for family…

What the Shifting Sentiment on Vaccine Mandates Means for Your Family Business

USA - September 28 2021 The highly contagious Delta variant of COVID-19 is causing an increase in the number of employers who are either implementing or considering a…

Succession Planning in a Family Business: Benefits, Challenges, and Guiding Principles

USA - September 22 2021 The pandemic has made it clear that all family businesses should have a long-term succession plan, since circumstances can rapidly change in ways…

Shareholder Oppression in Washington State: How Corporate Actions Can Have Serious Consequences

USA - August 31 2021 The closely held nature of a family business means there is often a single controlling shareholder or a controlling shareholding group, making it…

Benefits and Risks of Unpaid Internships for Your Family Business

USA - August 23 2021 Notwithstanding popular misconceptions, internships can (and should) involve more than memorizing coffee orders and getting familiar with the copy…

Interpersonal Relationships in the Family Business: The Recipe for Success or Failure

USA - August 17 2021 Families are all about loyalty, mutual support, and unconditional love, right? That's certainly the ideal that many families try to achieve, even if…

Attorney-Client Privilege Considerations for Family Businesses

USA - August 10 2021 The attorney-client privilege is one of the oldest privileges recognized under U.S. law. It provides important protections for communications between…

Family Business Compensation Issues

USA - August 3 2021 Money and compensation are among the most sensitive issues that family business members face. Some of the pitfalls include using pay to maintain…

Independent Contractor Considerations for Family Businesses

USA - July 20 2021 Who Is an Independent Contractor? "Independent contractor" is a category of worker that is legally distinct from an employee. The distinction between…