Estate Planning Tips for Small Business Owners

What we learned:

Attorney Maggie Geren Hurt of Miller, Butler, Schneider, Pawlik & Rozzell, PLLC shared estate planning tips and legal obstacles to avoid to 27 Downtown Rogers business professionals at Java Dudes Coffee Company on the morning of March 16.

The Java Dudes: Justin Reed and Dustin Breazeale extended a warm welcome, beverages and snacks in their unique space!

Estate planning tips for business owners:

• Appoint a Financial Power of Attorney: Immediate vs. springing powers of attorney and general vs. limited powers of attorney.

• Establish a Revocable Trust: Wills vs. Trusts

• Create a Succession Plan: Estate plan, corporate documents and buy-sell agreement.

Dig deeper: Read full version of Maggie’s tips here.

On the map: The new 2023 Go Downtown Rogers shopping guide and map was distributed. Thanks to the Northwest Arkansas Democrat-Gazette who acquired the 2022 assets and continued the publication of this popular map through their NWA Media division. Read more here.

What’s next: The next Downtown Merchant MeetUp is Thursday, April 20 from 8:45 a.m. - 10:00 a.m. at Nola’s Pantry, 103 W. Chestnut St., Ste. 100.