Family-Owned Businesses and Farms

Family-Owned Businesses and Farms from Zimmer Law Firm

By: Zimmer Law Firm  03/21/2015
Keywords: Attorneys, Estate Planning, Asset Protection

Family-owned businesses, farms, ranches, and land holdings are often the most important and valuable asset of a family’s legacy. Sadly, less than 30% of family businesses survive the transition to the next generation – a problem that is sometimes but not always caused by estate taxes. More often businesses fail after the founders die due to issues not related to taxes. Rather, our firm has found from working with many farm owners and business owners that assuring the farm or business stays in the family, and being fair to the non-farming or non-business children, is the toughest challenge.

Keywords: Asset Protection, ASSET PROTECTION & BUSINESS PLANNING, Attorneys, Estate Planning, Estate Planning Attorneys, Estate Planning Lawyers, Estate Planning Services, Family Wealth Planning, Family-Owned Businesses and Farms, Financial Planning Assistance, IRA & Retirement Planning, Legacy Planning,

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