> "So if you inherit a $10M business, the only way to pay > your tax bill is to liquidate the business..."
False.
Any business in good financial condition can obtain loans easily, especially in the current economy.
And why would the need to "liquidate the business" be bad? The seller still gets the value of the business plus the flexibility of investing that value forward.
False.
Any business in good financial condition can obtain loans easily, especially in the current economy.
And why would the need to "liquidate the business" be bad? The seller still gets the value of the business plus the flexibility of investing that value forward.