A corporation is a legal entity with personality granted by law, and it acts through its Board of Directors and its officers. The Board of Directors approves and sets the company’s direction, while ...

Many co-owners of closely held businesses will employ life insurance as a tool for funding the transfer of ownership in the business upon the death or retirement of an owner. In these cases, planning ...

As law firms operate with corporate or quasi-corporate structures such as professional corporations or limited liability companies, the importance of carefully drafted shareholder agreements cannot be ...

Melissa Horton is a financial literacy professional. She has 10+ years of experience in the financial services and planning industry. Shareholders' equity represents the ownership value of a company.

The owners of closely held corporations and limited liability companies (LLCs) are often the company founders and executive leadership who share a strategic vision for the company’s mission and growth ...

If given their druthers, most transactional corporate attorneys would prefer to spend their day practicing “happy law,” by which they typically mean transactions that involve capital formation, ...