Overlooked Techniques for Passing on the Family Business

Date: Tuesday, January 22, 2019
Time: 5:30pm - 8:00pm
Location: Santa Ana Country Club | 20382 Newport Boulevard | Santa Ana 92707
Speaker: Jerome M. Hesch, Esq., Adjunct Professor of Law

 

Passing the Family Business on to the Next Generation When Some of the Children Will Not Be Active but Treating All Children Equally

 

An analysis of the obstacles and available alternatives in passing ownership of a family business on to the next generation when the senior family member desires to treat all the children equally, but some of the children will not take an active role in running the family business or key employees are needed to assist in management. Selling a business to key employees without reporting any gain using the preferred partnership structure.   Using a private annuity for a healthy individual to pass the family business on to the next generation without any estate tax exposure.

 

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