Make the increased federal transfer tax exemption work to your advantage. As a business owner, it’s important to understand how the new tax law changes can work to your advantage. The increased federal transfer tax exemption amount (the “exemption”) provides a unique opportunity for you to implement beneficial transfer tax strategies for your business interests.
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 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
Managing concentration, tax, market, and longevity risk is the key to financial security. Each stage of your business brings distinct financial risks. Examine your financial life—particularly your investments—from a new perspective to ensure the next stage is as rewarding as the last. Before passing control of your business to the next generation, be sure to
