Business Planning

Flexible Tax Strategies Now Needed in Succession Planning for Business Owners

Posted on: July 27th, 2016
Far less than half of all family businesses survive to the third generation, which means that a significant percentage of closely-held businesses are sold at some point during the second generation’s lifetime. Given all of the above, for most closely-held businesses does it still make sense to adopt a strategy of creating minority interest discounts, or is a more flexible tax strategy for succession planning now in order?...

Business Succession Strategy

Posted on: February 19th, 2014
Have you been looking forward to the day you can retire, perhaps turn your business over to a son or daughter, or sell it? Even if you are not planning to stop working, you need to plan for the day you cannot run your business due to unforeseen illness or death. Most business owners do not take the time to plan for how they will leave their business....
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