Business entity choice determines whether heirs get stepped-up basis on farm assets or just ownership shares upon death.

Many small businesses and investment vehicles are structured with partners. Technically, a business partnership is created when two or more individuals come together for a specific business purpose.

Selecting the right business structure forms the groundwork for organizational effectiveness, asset protection, and financial transparency. This decision influences the company’s ability to raise ...

Owner Control: How much control do you wish to maintain? Single owners may prefer sole proprietorships, whereas those looking to have multiple investors might consider corporations. Financial ...