The Challenge
You’ve built a strong business with significant wealth. How do you transition your business and the greatest amount of your assets to the next generation while minimizing your tax exposure?
Mike started his company Skis Ltd in 1980 and built up significant wealth. His wife passed away 5 years ago and left him a widower. His only child, 40 years old. Mike Jr., is now running the family business and redeeming his father’s preferred shares in the company. Mr. Miller is 65 years old and suffering from health issues. His estate will pay more than 50{a4bc595f5bf22b450fc57725bbb5a349cea6d8af0e21f99fc8d20f6b7000a772} in tax on his registered assets when he passes away.
The Solution
Contact Mark to discuss.
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