In all three cases—business, art, and real estate—the owner retains control and enjoys tax benefits. Succession planning is a multifaceted challenge requiring careful consideration of various ...

When clients see the tangible benefits of preserving their wealth and legacy, they are often more willing to engage in these discussions.” Private investments, particularly family-owned businesses, ...

Cultivating Strong Indiana Farm Families through the Succession Planning Process by Providing Educational Opportunities and Current Resources The Purdue Succession Planning Team, comprised of ...

Succession planning is the term used to describe the strategy used by businesses to pass leadership roles down to another ...

A Family Investment Company (FIC) is a type of private limited company used by families to manage and pass on wealth ...

A farmer and marketing expert says farm families should start their succession planning sooner. “Ultimately, it’s never too ...

Benefits are not treated as taxable income ... The most effective strategies will integrate protection, tax efficiency, and succession planning into a comprehensive approach that safeguards ...