Make today’s high federal transfer tax exemption work to your advantage. As a business owner, it’s important to understand how the current tax law can work to your advantage.The high federal transfer tax exemption amount (the exemption) provides a unique opportunity for you to implement beneficial transfer tax strategies for your business interests.
Wilmington Trust, M&T Investment Banking, and Family Business Magazine hosted a business valuation webinar on May 23. The webinar provided a comprehensive look at how to value a company, including: how valuation methods, shareholder goals, competitive positioning, and market dynamics all play a critical role in yielding the best results for privately owned family businesses.
Valuation is key to the equitable distribution of your business. The inclusion of a family business in your divorce proceedings can make things a bit more complicated.Selling the family business and splitting the assets, or one spouse buying out the other, are two options to consider.When a buyout is involved, it requires a business appraisal as well as a strategy to fund the buyout.Navigating the emotional and financial challenges of a divorce can be daunting enough.