Overview of estate freezes

By Areet Kaila and Hannah Solmon ( December 6, 2023, 10:28 AM EST) -- Tax planning and the succession of a family business are closely intertwined. As family business owners contemplate the transfer of their enterprise to the next generation, one of their primary goals is often reducing the tax implications associated with the transfer. An effectively devised tax strategy plays a pivotal role in safeguarding accumulated wealth from the family business for both the current owners and their successors....