Business Succession
Selling the business instead of passing it on
Frequently the right answer, and the preparation determines whether it happens at a reasonable price.
Topic
valuation
Every Beneficiary Blueprints article tagged valuation — 5 pieces across 2 sections.
Estate Tax
Farms, land and illiquid estates
An estate whose value is entirely in property that cannot easily be divided or sold presents problems that cash estates do not.
Estate Tax
Valuing an estate properly
Date-of-death values determine tax, basis and the fairness of any division, and reconstructing them later is difficult.
Business Succession
Buy-sell agreements and what they prevent
The single most important document for a business with more than one owner, and the one most often absent.
Business Succession
Passing on a business
Most owners intend to hand the business on and most have no written plan for doing it.