Trusts to Provide More Business Succession Planning Options
By Joseph M. Donegan on April 18th, 2012
More business owners are relying on trusts to explore a variety of business succession planning options and take advantage of the benefits that come along with them.
While trusts have long been one strategy to ensure a smooth business transition to younger generations, experts say that more owners are relying upon them to pass businesses down earlier than in previous years and better support their tax planning initiatives, according to the North Bay Business Journal.
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Published In:
Business Organization Updates, Wills, Trusts, & Estate Planning Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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