Trade Publication Article

Business-Owner Transition and Charitable Planning

Griffith, Tom

2019

نظرة عامة

Whether it is unexpected happenings like the \"5 Ds\" (death, disability, disaster, divorce, and disagreements) or the planned changes such as retirement and incorporating the next generation into a family business, the earlier the planning begins with a collaborative team that works with the business owner's values as its guide, the better chance of success. [...]by incorporating effective charitable discernment and planning, business owners can reduce estate tax, avoid capital-gains tax, create a charitable income-tax deduction, reduce tax to heirs and generate charitable resources to help the now former business owners and their family achieve their desired impact. A preferred approach would be to gift stock or ownership shares to a donor-advised fund prior to the business sale.

• الناشر: Central New York Business Journal
• موضوع: Charities / Collaboration / Donations / Planning / Tax deductions