Limited liability is the primary reason most business owners incorporate their business. A corporation is a legal entity separate and apart from its Shareholders, who are not ordinarily liable for the corporation’s debts, obligations and liabilities. However, limited liability is not absolute. It is simply not enough to form a corporation to avoid personal liability. Under Continue Reading »
Book Review: Buy-Sell Agreements for Closely Held and Family Business Owners
The Book Review was published in the January/February 2011 issue of The Value Examiner, the magazine of the 4,500 member National Association of Certified Valuators and Analysts. BOOK REVIEW Buy-Sell Agreements for Closely Held and Family Business Owners: How to Know Your Agreement Will Work Without Triggering It By Z. Christopher Mercer, ASA, CSA[1] Peabody Continue Reading »