Strategies for acquiring the liquidity needed for the payment of estate taxes can be handled three ways: |
Where a private annuity is used as a business succession tool, the owner sells (transfers) his business to a family member in exchange for a lifetime income. |
Grantor retained annuity trusts (GRATS) are a complex method of transferring assets to the next generation with minimal gift or estate taxation. The are actually fixed annuities for a fixed number of ... |
Recapitalization, or the issuance of two classes of corporate stock, is another method used to transfer ownership at minimal tax cost. Stock is generally divided into voting and non-voting categories ... |
Many times where an operating business has been transferred down to the next generation, sold outright, or recapitalized, the family finds it useful to set up a family office for the administration ... |
If your business has been a success, you've probably had to pour most of your time, energy, and money into it for what may seem like forever. You may see your company as an extension of yourself, and ... |
Before you actually begin the process of selling your business, there are a number of issues you should consider: |
At the outset, it's important for you to sit down and do some serious thinking about what, exactly, you want from the sale. |
When's the best time to sell your business? |
Even if you've been a determined do-it-yourselfer from day one, selling your business is not a job you should attempt to do alone. Even for a relatively small business, there's a myriad of federal, ... |
