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Estate Planning Question: Let's say my wife and I were to build a $50,000,000 business and we have a few children. We don't know what
Estate Planning Question:
Let's say my wife and I were to build a $50,000,000 business and we have a few children. We don't know what role our children will play in the business. We do not want to force them to sell the business. My wife and I want to start lowering our estate by transferring business interests to our children now. We are also unsure when we want to transfer the business to our children, if ever. What is the best course of action to achieve these objectives? Is there a specific type of trust we can create?
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