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The IRS has long been upset that courts have allowed wealthy families to put their assets in family partnerships or limited liability companies and receive

As changes to the American Taxpayer Relief Act and the Affordable Care Act of 2012 become effective, business owners are facing escalating tax rates. Insightful

Family Limited Partnerships have become a popular vehicle to preserve family businesses as part of an estate plan. They provide a way to maintain control

Where family businesses are concerned, succession planning receives a deserved amount of focus – but that focus tends to be on deciding who will take

Picture yourself at the table negotiating the sale of your company. Are you worried about any intellectual property(IP) skeletons in your closet? In every beginning

If you’re a business owner, chances are good you’ll get some of those calls [from potential buyers of the business] too. The M&A market is

IRA holders have two ways to “stall” adult children or other heirs from doing an immediate cash-out of the IRA when the surviving spouse dies.

It may seem like a great idea: Parents, either because they want to help their kids out, or to reduce the taxable value of their

The big problem with facade easements is valuation. Knowing something is of value is one thing. However, being able to prove the value is something

Advisors say it doesn’t happen often, but parents who divide their assets unevenly are playing with fire. That said, there are things they can do

These two experiences taught me a lesson about family businesses. Making a family business a family legacy takes planning and preparation. While each family business

The numbers also show that roughly one in three businesses pass to the next generation. Just about 10% of family businesses pass to the grandchildren’s