Keystone Lawfirm and Wealth partners

How to Form a Limited Liability Company

Posted on: April 11th, 2018 by Sheryl Keeme   Business

So, you’ve decided to open a new Arizona business. Congratulations! Before you sell your first widget or help your first customer, though, you need to jump through some hoops. For example, you’ll need to decide which type of business entity you’ll operate. Will it be a sole proprietorship or a corporation? A partnership or a […]

Continue Reading

TLC for Your Company’s Future: Why You May Need a Buy-Sell Agreement

Posted on: March 20th, 2018 by Sheryl Keeme   Business  |  Estate Planning

Starting and running a small business is not for the faint of heart. At every stage, from the first day at the drawing board to the day the doors open to the annual review of profit and loss statements, business owners give their businesses a lot of tender, loving care or TLC. But what if […]

Continue Reading

Handing Off the Family Business

Posted on: February 1st, 2018 by Sheryl Keeme   Business  |  Estate Planning

At some point, the owner of a family-owned business may decide it’s time to move on. Instead of selling the business outright to a stranger, it seems best to give it to the employees or to family members. Maybe they’ve been loyal, hardworking, and have a real grasp of what it takes to keep the […]

Continue Reading

Directed Trust: Good for My Business?

Posted on: January 3rd, 2018 by Sheryl Keeme   Business  |  Estate Planning

Business owners have special estate planning needs. After all, they’re not just handing down a pile of cash, the family homestead, and Grandma’s antique armoire. Their companies have customers, vendors, and employees that rely on the company’s continued operation. Even if the owner is incapacitated or passes away, orders must be fulfilled, vendors paid, and […]

Continue Reading

Buy-Sell Agreements: Estate Planning for Your Company

Posted on: December 18th, 2017 by Sheryl Keeme   Business  |  Estate Planning

Estate planning is one of the most important things a person can do. Properly executed estate plan documents provide an orderly way to take care of a person’s property after death or incapacity. In some cases, that property will continue to be used by family members for generations. As a business owner, you know the […]

Continue Reading

Handing Over the Keys: Transferring Your Business to Your Family

Posted on: November 24th, 2017 by Sheryl Keeme   Business  |  Estate Planning

Maybe you’ve considered the question of whether to retire or whether to keep running your business. And you’ve decided it’s time to trade in your ergonomic executive chair for a cushy deck chair. But then more questions arise: What will happen to your business? Who will take over? And can you hand over the keys […]

Continue Reading

4 Things to Consider When Selling Your Arizona Business

Posted on: November 13th, 2017 by Sheryl Keeme   Business

Entrepreneurs build businesses for various reasons. Sometimes it’s for the thrill of winning or facing the risk of losing. Or maybe an individual has a special talent that can be built into a profitable venture. At some point, however, business owners may find themselves in a position where they want – or need – to […]

Continue Reading

Raising Expectations While Lowering Taxes: 2017 Tax Reform

Posted on: October 13th, 2017 by Sheryl Keeme   Business  |  Income Tax  |  Law Updates  |  Taxes

In 2016, American taxpayers made one message loud and clear: it’s time to deflate our bloated tax code. Actions in D.C. have raised expectations for many Americans that upcoming tax reform will lower their tax burden. Goals President Trump campaigned on many issues, including the need for tax reform that lowered the burden on middle […]

Continue Reading

What is Your Small Business Succession Plan?

Posted on: October 5th, 2017 by Sheryl Keeme   Business  |  Estate Planning

Being a small business owner is hard. You’ve worked long and hard to get where you are. After your business is successful, it’s time to think about what would happen if you want to retire or if you can no longer make business decisions. It’s time to create a business succession plan. What happens when […]

Continue Reading
"Without counsel plans fail, but with many advisers they succeed." Proverbs 15:22