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How to Organize your Business with Respect to the Estate Tax Situation
Family business succession planning is the cornerstone of any successful family business owner‟s estate plan. As is often the case, however, planning for the inter-generational transfer of ownership and control of the business becomes complicated by the intragenerational conflicts of the business owner‟s heirs. These conflicts among members of the second generation, if severe enough, can render the effective management of the business by the second generation virtually impossible, leading to a loss in productivity and profitability with a resulting decline in the enterprise‟s value.
How to Organize your Business with Respect to the Estate Tax Situation
Family business succession planning is the cornerstone of any successful family business owner‟s estate plan. As is often the case, however, planning for the inter-generational transfer of ownership and control of the business becomes complicated by the intragenerational conflicts of the business owner‟s heirs. These conflicts among members of the second generation, if severe enough, can render the effective management of the business by the second generation virtually impossible, leading to a loss in productivity and profitability with a resulting decline in the enterprise‟s value.
How to Organize your Business with Respect to the Estate Tax Situation
Family business succession planning is the cornerstone of any successful family business owner‟s estate plan. As is often the case, however, planning for the inter-generational transfer of ownership and control of the business becomes complicated by the intragenerational conflicts of the business owner‟s heirs. These conflicts among members of the second generation, if severe enough, can render the effective management of the business by the second generation virtually impossible, leading to a loss in productivity and profitability with a resulting decline in the enterprise‟s value.
How to Organize your Business with Respect to the Estate Tax Situation
Family business succession planning is the cornerstone of any successful family business owner‟s estate plan. As is often the case, however, planning for the inter-generational transfer of ownership and control of the business becomes complicated by the intragenerational conflicts of the business owner‟s heirs. These conflicts among members of the second generation, if severe enough, can render the effective management of the business by the second generation virtually impossible, leading to a loss in productivity and profitability with a resulting decline in the enterprise‟s value.