Estate Planning Archives - Your ExitMap https://yourexitmap.com/tag/estate-planning/ Free Exit Planning Tools for Business Owners Fri, 13 Dec 2024 19:57:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://yourexitmap.com/wp-content/uploads/2026/03/cropped-Site-Icon-YEM-2-32x32.png Estate Planning Archives - Your ExitMap https://yourexitmap.com/tag/estate-planning/ 32 32 122889523 Utilizing a NING Trust as Part of a Business Exit Strategy https://yourexitmap.com/ning-trust/ https://yourexitmap.com/ning-trust/#respond Fri, 16 Apr 2021 00:49:08 +0000 https://yourexitmap.com/?p=5773 The most commonly stated goals of an exit plan for a business owner are to exit their business on their terms, to receive the highest possible value (or their desired value), and to do so in the most tax efficient manner. It takes time to implement the process to accommodate those objectives. When a business owner rushes to sell their business many things can be overlooked including how to set up the exiting transaction in a way that minimizes taxation. Particularly in California, state income taxes are excessive in relation to other states, especially compared to states that don’t have any income taxes. For 2020, ... Read more

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