Succession Planning

gifting impact

Navigating the Impact of Gifting $2 Million: Estate Planning Considerations

Summary: This article explores the estate planning implications of a father gifting $2 million to his children in Australia. It highlights the potential risks, tax implications, and considerations related to aged care and government benefits. By understanding these factors, individuals can make informed decisions and develop a comprehensive estate plan. Introduction  In this scenario, the […]

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succession panning

The Importance of Succession Planning

The Impact of Owner-Dependency on Small Business Value This article delves into the detrimental effects of owner dependence on small businesses and their ability to achieve a desirable sale price or business continuity. Drawing insights from the information provided on the BizManagerOnline (BMO) website (https://bizmanageronline.com/), it emphasizes the significance of implementing a robust business operating

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