This article offers a clear and practical overview of estate planning for business owners. The focus on succession planning, trusts, and powers of attorney highlights how important proactive planning is for protecting both family and business interests. It’s a valuable resource for anyone looking to ensure continuity, minimize disputes, and preserve their long-term legacy.
Naftali Rubin
2 months ago
בס”ד Mr. Goodman, We appreciated your clever analysis of debt struggling in Orthodox Middle Class. Your study “found that even families with annual incomes of $250,000 to $300,000 feel financially strained. Even among those earning more than $300,000 annually, 30 percent of those who responded reported they feel as if they were struggling.” We fully agree with you. Thank you for all your financial initiatives. The quality of a person’s livelihood depends on his or her trust in the Creator. By way of emuna, one attains trust in the Creator. Consequently, concentrated efforts to reinforce emuna and trust in Him… Read more »
Natan Cohen
1 month ago
This is a struggle we live every day, and we are likely more fortunate than many. What isn’t mentioned here is how much of Jewish life and connection is tied to financial means. The ability to create social connection over shabbos and yom tov through hosting meals, which is a reciprocal endeavor, bottoms out when you can’t afford to host. It impacts your lives and your children’s social lives. It also impacts your psyche to be reliant on communal funds to provide basic things for your family.
This article offers a clear and practical overview of estate planning for business owners. The focus on succession planning, trusts, and powers of attorney highlights how important proactive planning is for protecting both family and business interests. It’s a valuable resource for anyone looking to ensure continuity, minimize disputes, and preserve their long-term legacy.
בס”ד Mr. Goodman, We appreciated your clever analysis of debt struggling in Orthodox Middle Class. Your study “found that even families with annual incomes of $250,000 to $300,000 feel financially strained. Even among those earning more than $300,000 annually, 30 percent of those who responded reported they feel as if they were struggling.” We fully agree with you. Thank you for all your financial initiatives. The quality of a person’s livelihood depends on his or her trust in the Creator. By way of emuna, one attains trust in the Creator. Consequently, concentrated efforts to reinforce emuna and trust in Him… Read more »
This is a struggle we live every day, and we are likely more fortunate than many. What isn’t mentioned here is how much of Jewish life and connection is tied to financial means. The ability to create social connection over shabbos and yom tov through hosting meals, which is a reciprocal endeavor, bottoms out when you can’t afford to host. It impacts your lives and your children’s social lives. It also impacts your psyche to be reliant on communal funds to provide basic things for your family.