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October 2016 Archives

The dangers of DIY estate planning

There are a lot of things in life that you can do yourself without too much consequence. Maybe you're really handy when it comes to minor home repairs. Or maybe you're great at sewing new clothes for your kids or grandkids.

Outdoor retail giants reach $4.5 billion acquisition deal

Many residents of New Jersey enjoy outdoor activities, like fishing, hunting, camping and hiking. Some of our readers may be interested to hear that two popular outdoors retail giants have reached a multi-billion-dollar acquisition deal. Bass Pro Shops has acquired its competitor Cabela's, after Cabela's effectively sought to be sold approximately 10 months ago. Bass Pro Shops will issue $65.50 cash per share in Cabela's; the entire deal will amount to $4.5 billion. Bass Pro Shop's chief executive officer will retain majority ownership in the newly combined business entity. The deal is anticipated to be officially approved in 2017.

Keep these tips in mind when creating a revocable trust

There are many estate planning options that people in Moorestown can choose from. One estate planning option can include a revocable trust (also referred to as a "living trust"). However, there are some facts about revocable trusts that a person should understand before creating one.

Helping with the administration of intestate estates

Many people put off creating a will, assuming they have plenty of time to do so in the future. Unfortunately, death is no respecter of age. No one can predict when they will pass away. If you pass away without a will or trust, this is known as intestacy, and the deceased's estate will go through probate. Without a will or trust, New Jersey has statutes in place that determine who will get your property.

Make your business an appealing choice for buyers: part 2

Small business owners looking to sell naturally want to do so for a fair price. Last week we discussed various ways a small business owner could make his or her business attractive to potential buyers. This included making sure there was an established mode of business in place, having and implementing accounting software as well as having field service software. Today we are going to discuss two more steps small business owners looking to sell may want to consider.

Make your business an appealing choice for buyers: part one

Some small business owners in Moorestown may find that after years of owning their business, it is time to sell. The reasons behind the sale may vary, perhaps due to good market conditions or the desire to retire. However, selling for a good price is not always easy for the small business owner. Keep in mind though, that it is entirely possible to sell for a profit. The goal is to make your business an appealing choice for an acquisition.

Moorestown Office
212 West Route 38
Suite 200
Moorestown, NJ 08057

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Haddonfield Office
132 Kings Highway E
Suite 105
Haddonfield, NJ 08033

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Linwood Office
327 Central Avenue
Linwood, NJ 08221

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Cape May Court House Office
618 Route 9 South
Cape May Court House, NJ 08210

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Gloucester, Cumberland and Salem County Offices
57 Euclid St.
Woodbury, NJ 08096

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