Business owners engaged in pre-sale planning benefit from proactive advice as they consider a more thoughtful and comprehensive approach to achieving long-term financial success. Within that approach, there are five consistent practices—invest, borrow, spend, manage and protect—that, when followed, help families build, manage and sustain their wealth through generations and market cycles.
As a business owner evaluates whether to sell a business, maximizing after-tax proceeds is typically atop one’s priority list. While significant, income tax planning should not occur at the expense of or in lieu of estate tax planning. With the federal estate and gift tax exemptions (currently $11.7 million per person) scheduled to be reduced by half in 2026, if not sooner, strategic estate planning in advance of a business sale may now be more valuable than ever.
Invest
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]