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Business Succession Planning

Selling a Business Requires Estate-Tax Planning By Eric P. Zeitlin

Posted July 12, 2023

Selling a company you put your heart and soul into building can provide significant rewards, including financial security for the remainder of your lifetime and potentially your heirs. Nevertheless, achieving that aim and reaping the full potential of the proceeds from a business sale requires careful reviews of where your business currently fits within your […]

UPDATED How Can Swap Powers Preserve Wealth for Future Generations? By Eric P. Zeitlin

Posted January 6, 2021

Swap powers within intentionally defective grantor trusts (IDGTs) are critical estate planning tools that may help you improve tax efficiency today while allowing you to preserve wealth for future generations. An IDGT is an irrevocable trust that you, the grantor, can create during life to pass assets and wealth to your named beneficiaries outside your […]

UPDATED It’s Never Too Early for Business Owners to Plan their Exits by Eric P. Zeitlin

Posted January 9, 2019

One of the biggest challenges entrepreneurs must confront is how and when they will exit the businesses that they spent the majority of their lives building.  After all, business owners view their companies as extensions of their personal identities. They neither have the desire nor the time to think about what will happen if and […]