The Simi Sara Show
October 20, 1:05 PM
Succession Planning for Private Business Owners
It is a common theme that business owners aged 55 to 64 have yet to start discussing their exit plans with their family or business partners. While slowing down may not be on every business owner’s agenda, decisions such as who will take over the business and how to secure the family’s investment assets have to be made sooner rather than later. Vancouver tax lawyer Bill Cooper will walk you through the pre-requisites of a successful business transition and discuss the advantages and disadvantages of available transition options in his upcoming segment. For more information, take a look at the resources below and visit Bill’s profile.
Vancouver tax lawyer Bill Cooper discusses one of the most commonly known tax benefits associated with business ownership, the Capital Gains Exemption. Bill clarifies that every business owner is entitled to this tax exemption so long as they meet certain conditions.
*The material posted on this website is for your general information and should not be taken as legal advice.