SafeList

SPLITTING UP A BUSINESS CAN BE COMPLEX

LEGAL, BUSINESS AND TAX ADVICE ESSENTIAL

The dividing of business assets when leaving a business partnership, a martial or common-law relationship can be complex and should be carefully thought out and planned.

If you are ending a business partnership with others that don't involve your spouse, you will inevitably need to know what the business assets are, what its liabilities are and the value difference between the two. Getting all your business assets inventoried is one of your first steps.

If you are ending or splitting up a business with your spouse, you will need to know the same calculation, but also what the legal ramifications are, which can vary by province and by how invested your spouse is in the business or wants to be moving forward.

Getting the proper legal, business and tax advice will go a long way in helping you make wise decisions about your business.

Having an inventory of your non-monetary business assets, though, is one area where SafeList can help you sort out an important aspect of your business transition.

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347 Hits

Fire & Natural Disasters

House flood
When a fire or a natural disaster strikes, making a record of everything you've lost is usually a stressful and time consuming process. SafeList will keep you prepared in advance, reduce your stress and speed up your claim process.
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Estate Planning

estate planning
Having a plan for family members to sort out your personal belongings can reduce their stress when grieving a lost loved one. SafeList can help you with a practical and more personal approach to estate planning.
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Moving & Downsizing

moving downsizing
The average person moves about 10 times in their lifetime. With each move their is potential for loss, theft or damage. Having an up-to-date record of what you own can protect you through a lifetime of mobility.
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Theft Protection

theft protection
Police recommend people record serial and model numbers of their expensive electronics to help them recovery stolen items. SafeList takes your inventory protection to another level, including other valuable items in your home such as jewelry, collectibles, antiques or expensive artwork.
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preNuPtials & Divorce

divorce
Splitting up joint belongings can be stressful when a marriage or common-law relationship falls apart, especially if communication between the partners is strained. SafeList provides solutions and a process to reduce the stress and potentially reduce legal fees.
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Business Assets

business

Most businesses maintain a careful inventory of products they sell. However, some overlook having an up-to-date record of their business equipment and other non-monetary business assets. Such a record protects against theft and is very useful if a business is being sold or divided.

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Having a record of your belongings is recommended by insurance companies,
firefighters, police, attorneys, financial planners and other professionals