Case study: equal vs. equitable

Article Abstract:

The case study exemplifies how even distribution when only one child is active in the business can cause rancor with other children who have no involvement or interest until too late. Two adult children do not want their nephew to obtain shares even though he runs the business.

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Case study: a couple in jeopardy

Article Abstract:

Two experts provide advice to a married couple who own two businesses but operate them separately. The couple's bank wants to combine the businesses' credit lines, which both oppose and which places pressure on the partners as a married couple and as business owners.

Dual-career families

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Case study: treating your heirs fairly

Article Abstract:

Giving stock in a family business to an heir who works in the business requires flexibility in the financial arrangements for other heirs to ensure fairness. The equity of the arrangement should be reevaluated after a period of time.

Planning, Inheritance and succession

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