Posts by Norman Brock
Utilizing an LLC and the concept of discounting
The intent of this article is to illustrate my opinions on how an LLC (a Limited Liability Company) can be utilized to accomplish leveraging valuations of assets through the concept of discounting. An example to start Let’s start with an example. Assume a husband and wife (H/W), a farm family in Washington, have a net…
Read MoreDo you understand your living trust?
Lately, I’m seeing a number of new clients who have done their estate planning with some other law firm, and, as a part of their planning, a revocable grantor living trust has been utilized for the client. I’ll always ask the client (and of course I already know the answer!), “Why did you set up…
Read MoreThe many uses of LLCs in business operations
The author and his son, Corey, utilize hundreds of Limited Liability Companies, or LLCs, in their respective practices to help solve clients’ various needs. I break down such uses between: An LLC is often used as the business entity of choice vs. a corporation for its simplicity of forming. The use of either an LLC…
Read MoreWhat to watch for in energy leases
Many of our widespread agricultural base of clients have, over the last several years, been presented opportunities to participate in an energy lease, whether solar or wind. Many of these leases were entered into years ago, most especially wind energy leases, and now are producing very significant income streams for the landlord/family. Having read and…
Read More
