Schneider Rasche LLC

Questions for Business Owners

As a business owner, you are likely focused on keeping your business up and running smoothly. But business owners may want to consider the following questions:

• What if you got into an accident and became incapacitated? Who would take care of your business while you were unable to do so?

• What would happen to your business interest if you passed away? 

• As your business grows in value over the years, how can you pass it on to the next generation while minimizing or eliminating estate taxes?

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Estate Planning Business Solutions

Our law firm helps business owners in a variety of ways, which may include the following:

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• Buy-Sell Agreement – This approach is used by businesses to divide the business interest of a proprietor, partner or shareholder under certain circumstances. It is often used to address the potential incapacity or death of a business owner.

• Family Limited Partnership – This is a type of partnership designed to hold a family business or investment accounts. It is often used as part of a tax planning strategy.

• Limited Liability Company – This is often used to hold real estate, investment assets or other business interests and can limit the personal liability of the owners for the company's debts or other liabilities.

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In Oregon, many individuals own investment real estate. Asset protection planning can limit certain risks of ownership, including third party lawsuits. 

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Schneider Rasche LLC can help you protect your assets and pass your business on to the next generation. Call (503) 241-1215 or contact us today to discuss with one of our attorneys how we might assist you with your business planning.

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