At GR Reid, we take your insurance personally

We are your partner in protecting and preserving your personal wealth in business and at home. We offer a comprehensive array of insurances that include homeowners, automotive, boat insurance, travel, collectibles, domestic employee, umbrella policies, private aviation and more.

At GR Reid we understand that your vision of the future is so much more than just a financial picture. We are here to ensure you realize that vision, we are with you every step of the way.

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News

Tuesday, February 19, 2019

2 major tax law changes for individuals in 2019

While most provisions of the Tax Cuts and Jobs Act (TCJA) went into effect in 2018 and either apply through 2025 or are permanent, there are two major changes under the act for 2019. Here’s a closer look.

Economic damages: Recovering what was lost

A business can suffer economic damages arising from a variety of illegal conduct. Common examples include breach of contract, patent infringement and commercial negligence. If your company finds itself headed to court looking to recover lost profits, diminished business value or both, it’s important to know how the damages might be determined.

Family businesses need succession plans, too

Those who run family-owned businesses often underestimate the need for a succession plan. After all, they say, we’re a family business — there will always be a family member here to keep the company going and no one will stand in the way.

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