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Creating an Estate Plan for Your Business

 By Tom Nutile, Principal, TN Communications Group
Proper planning can reduce successor squabbling and the amount that goes to Uncle Sam.
Most of us know it makes sense to have an estate plan so that our heirs can be the major beneficiaries of our wealth. It also makes sense to have the equivalent of an estate plan for your business that addresses management succession as well as compensation for the future owners. Here are some tips on getting started:A business without a workable plan for succession and management after an owner's death is almost guaranteed to ... Read more
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