Running a business has its challenges - from accounting responsibilities to staffing and seemingly everything in between. It's easy for business owners to focus most of their attention on running the business and not planning for the business' future.
Since the business is often the owner's largest asset, it's crucial for business owners to know their business' value so they can effectively plan for estate and gift taxes. Watch as CRI's
Matt Schaeffer discusses how to think, plan, and employ a business and succession plan that intersects with personal estate and gift tax planning.