Trust decanting is an underused strategy for estate planning that can add value to your practice. While very few clients are aware of this option, practices that offer it can have an advantage. Not only is this a great way to offer an important service to your clients, but it also distinguishes you as a practice among competitors.

It’s no surprise that LLCs remain an attractive option for business owners. In addition to providing them limited liability, they allow the owners to customize the LLC’s management and economic structure while offering a high degree of flexibility in taxation. However, when organizing LLC formation documents, choosing the right federal tax structure is key.

Though you might not have thought about it yet or don't believe you need to — the look, or the design, of how you present your practice is critical to building your business. It is an important business investment. But it’s hard to know when new design is needed for your law firm when you’re the one running the business every day. That’s why thoughtful, proactive planning and appropriate resources can pay long-lasting dividends. In fact, it’s an important element to business success.