Succession Planning Articles
Posted by Jonathan Roller on August 23, 2022
There are many tax-related variables when it comes to selling your manufacturing company. Read more about them.
Posted by Robert Ingrasci on December 15, 2020
"Silent" trusts limit the amount of information shared with beneficiaries. In some cases, they may even keep the existence of the trust a secret. This article explains how a silent trust can reduce disincentives for heirs to act irresponsibly or neglect their education or careers, but there are also several drawbacks to using this estate planning tool.
Posted by Cheryl A. Jankowski on August 10, 2020
Today's increased gift and estate tax exemptions enable wealthy families to give away substantial wealth gift-tax-free, but they must act before the exemption amounts revert in 2026 to previous levels.
Posted by Cheryl A. Jankowski on July 07, 2020
The full impact of COVID-19 is unknown. While we wait for questions to be answered many are asking what can we do right now? What’s next for our families? What's next for family businesses and the people who work for them? Planning for our future generations is the greatest gift we can give, particularly during times of uncertainty.
Posted by Michē Needham on March 23, 2020
The federal government has been working on various relief measures to help individuals and small businesses cope with the situation, including tax relief provisions. Here are the tax changes that have been finalized so far.
Posted by D’Marie Murray on March 09, 2020
Recent changes to the tax law have diminished the tax-saving potency of stretch-IRAs, but there are still other tax-smart ways to transfer wealth to your loved ones.