Posted 3/28/2024 22:03 (#10684821 - in reply to #10684086) Subject: RE: How to wrap my head around generational transitions/equity?
olivetroad - 3/28/2024 10:20
My great uncle's and uncle put all the land and business in a corporation in 1963. The Corp owns everything. Shares can be gifted, sold, inherited, etc through the years, but the farm stays intact. Accountants and attorneys will tell you lots of reasons not to do that, but it holds it together.....