Controlling stake can be an issue to a business owner planning for retirement. Which of these statement is NOT CORRECT?

Select one:

a. Giving the successor a life-time gift via a stake in the business is common in business succession

b. Use a living trust as a way of passing control of the business can ensure that he receives income from the business throughout retirement years

c. Selling and controlling stake to the successor requires consideration as to wehter the potential successor can afford the price

d. With-holding giving away a controlling stake of the business until death is also an option for the business owner