#business-succession

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fromSlate Magazine
20 hours ago

My Husband Wants to Leave His Business to My Entitled Stepsons. I Have to Change His Mind.

My first marriage left me a wealthy widow where we had several vacation homes but sadly no children. My second husband has two adult sons and a thriving business that is basically his third child. Despite us both being retired, he is still very involved in the business. Neither of his sons ever showed interest in taking over, so my husband has been approaching his lifelong employee, "Mike," to take over.
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fromBusiness Matters
1 month ago

Surge in employee ownership as business owners seek tax-efficient exits

Employee Ownership Trusts (EOTs) are increasingly popular among business owners for tax-free company sales amidst changing tax laws.
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