Corporations around the world responded aggressively to the global recession and financial crisis, clamping down on spending and hoarding massive piles of cash. In the United States, where cost-cutting was especially dramatic, nonfinancial firms...
Successful family business succession planning requires estate planners to simultaneously navigate the difficult waters of overcoming family dynamics issues and executing an effective and tax-efficient estate plan for the senior generation...
An astonishing 93 percent of family business owners depend on the family business as their primary source of income, according to the 2007 Laird Norton Tyee Family Business Survey.1 This statistic has far ranging ramifications on the success or...