Making gifts and considering changes in tax law is one piece of the succession planning puzzle. When working with business owners, we often find that they have had some of the best tax planning money can afford. However, when designing the plan, they let the “Tax Tail Wag the Dog” and did not think about how it would impact next-gen motivation, family harmony, and positioning the business for success.
Listen in as Jeff Bannon, a succession planner with The Rawls Group, and Kevin Gilbreath, a tax partner with Crowe, share what smart business owners do when creating their gifting strategy and three philosophies to help you navigate the who, what, and when to make a gift questions
For more on this topic, check out the other episodes:
As you listen to this episode you will walk away with key takeaways and will realize you will want more. Leverage our Succession Readiness Survey A 7-minute investment in time will put you in an informed position of opportunities many business owners overlook impacting business value, growth, lifestyle, and ultimately achieving your vision.
Music – https://www.bensound.com/