Passing On the Business
"Wall Street Journal's Startup Journal has a good article on thinking through how to allocate the family business among family members when some are in the business and some are not. The issue is whether the parents who own all the company shares should gift shares to the children who work in the business and to the children who don't."
Please see this California Estate and Business Law Blog post, from which the foregoing was reprinted, for a link to the article.
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