Blogs Posted in Corliss Law Group Estate Planning Law Corporation

Business Exit Planning Using Charitable Strategies

Business owners usually have four goals when they leave their businesses: retire from the business; sell to a new owner (family members, employees, or third parties); minimize taxes and maximize profits. For those who are already charitably inclined, business exit planning using charitable tools allows them to add a fifth goal: doing good things for their favorite charity or their community.

In this issue, we continue our series on business exit planning by examining some frequently used charitable planning tools and some common pitfalls.

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