Transitioning a Family Business to a Child in the Business
![Transitioning a Family Business to a Child in the Business](https://perrycpas.com/wp-content/uploads/2023/12/CPA.2023.93.9.068.uf0011-730x330-1701809251.jpeg)
Individuals who own interests in a closely held family business need to address an exit strategy. In many cases, such individuals wish to have a child who is involved in the business takeover its operation at some point, often when the founder retires, becomes incapacitated, or dies. This can […]