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Estate and Succession Planning for Small Business Owners

Author
Tauer, Loren W.; Grossman, Dale A.
Abstract
This bulletin discusses the fundamentals of estate and succession planning to help families with small businesses assess their goals and consider the economic, legal, and tax implications of various plans. The bulletin is by no means an exhaustive source on estate or succession planning. Nor is it intended to substitute for legal or tax advice that should be obtained from your lawyer or accountant. More detailed publications are available elsewhere and trained professionals should be consulted as a plan is formulated.
Description
E.B. 95-02
Date Issued
1995-01Publisher
Charles H. Dyson School of Applied Economics and Management, Cornell University
Type
report