Overcoming the Fear of Succession Planning
Some things are downright scary, like taxes—especially estate taxes. Can you guess which area in estate tax planning causes the most anguish? Hands down, it’s business succession.
to keep Success Co. in the family. Sam then becomes the only choice, but what to do about management?
treat her fairly. Where do the premium dollars come from? The dividend distributions, each year, are first used to pay the insurance premiums, and the balance is used to pay the $8 million IDT note.
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