Facebook Linkedin Twitter

Succession Planning For a Family Business

Family business focus: Addressing estate and succession planning

ESOP Employee Stock Ownership Plan, Estate Planning, Family Business, FLP (Family Limited Partnership), Gift and Estate Tax, Succession Plans, Trust /

The future often weighs heavier on the shoulders of family business owners. Their companies aren’t just “going concerns” with operating assets, human resources and financial statements. The business usually holds a strong sentimental value and represents years of hard work involving many family members. If this is the case for your company, an important issue […]

Family business focus: Addressing estate and succession planning Read More »

Solving the riddles of succession planning for family businesses

(GRAT) Grantor-Retained Annuity Trust, Family Business, Gift Tax, Succession Plans, Trust /

Every established company will encounter challenges when confronting the thorny issue of succession planning. Family-owned businesses, however, often face particularly complex issues. After all, their owners may have to consider both family members who work for the company and those who do not. If yours is a family business, you may run into some confounding

Solving the riddles of succession planning for family businesses Read More »