SCORE defines a family-owned business as “Is one in which any two or more family members operate the company, and the majority of ownership or control … Read more about Succession Planning for Your Family-Owned Business
Estate Tax Planning for Business Owners
The value of an ownership interest in a business may be worth a lot by the time an owner dies. For heirs, whether this interest is diminished by … Read more about Estate Tax Planning for Business Owners
Succession Planning for Your Family-Owned Business
If you are an owner of a business in which other family members — a spouse, sibling, child, or other relative — also have an ownership interest, … Read more about Succession Planning for Your Family-Owned Business
Estate Planning for Your Business: Don’t Delay
According to a Kent State’s Succession Planning Workshop in 2012, more than 70% of privately-owned businesses will change hands within the next two … Read more about Estate Planning for Your Business: Don’t Delay