All My Business Content

Business Succession Planning through a GRAT

Andrew J. Horwitz, CFP® |
My Business
GRAT-NC.jpg

If you own a business that you wish to pass on to your heirs, a Grantor Retained Annuity Trust (GRAT) can offer tax savings and other advantages.A GRAT is a popular method of transferring property tax -efficiently, such as stock in a closely held business, to a trust in exchange for an annual payment (or annuity) for a term of years.GRATs allow a business owner to maintain control of the business, while passing along appreciation to the beneficiaries in the form of closely held stock.

Read More...


Delaware Trust Advantages for Business Owners

Jeffrey C. Wolken |
My Business

Control, protection, and privacy are key benefits of a Delaware trust.The state of Delaware has long been one of the most favorable places to establish a business.Delaware is also an excellent place to create a personal trust for estate planning or asset protection purposes.A Delaware trust offers many of the advantages of other trust-friendly states, along with unique elements that make it a preeminent jurisdiction.

Read More...


Planning is Vital for Family Business Owners

Marguerite C. Weese |
My Business

Take steps now to secure your future while reducing taxes on your estate.A number of tools are available to help you ensure your firm’s future, reduce the size of your estate, and lessen your tax liability.Stock redemption, special-use valuation, and discounting stock can all help to ease the estate tax burden.Entities such as LLCs and charitable trusts also offer unique tax minimization benefits.

Read More...