Transferring your business to your kids

How to get his company out of his estate, yet keep control for as long as he lives How can Joe, after he's gone, pass voting control to just one of his two sons without breaking a 50/50 promise If one (or both) of the boys divorce how to keep the business away from an ex-daughter-in-law

Joe couldn't sleep. He was troubled, anxious and perplexed. To the outside world, Joe is a guy that has it all: great family, large profitable business (Success Co., that he started from scratch) on the board of directors of another large business, a bank and a national charity. He is a respected, well-liked mover and shaker. So, what could be wrong? In a word, the "Succession" of Success Co.

First, a bit of background: Joe has two sons (Sam and Cy) who have worked for S

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TAGS: Taxes
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