What should boomer bosses do with their businesses?

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In the next decade, millions of baby boomers who own their own businesses will have to decide what to do with them as they retire. If they have no heirs to take the businesses over, they will probably sell them if they can to large corporations. But that could put many of their faithful employees out of work.

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Published In: 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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