You have a client who has liquid assets (cash, stocks and bonds) worth $10M, a house worth

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You have a client who has liquid assets (cash, stocks and bonds) worth $10M, a house worth $5M and a business which was recently appraised at $25M.

What would you suggest for the client to cover estate taxes and ensure that the business is passed on to the next generation without incurring debt or forced asset sales?

Related Book For answer-question

Financial Accounting Information For Decisions

ISBN: 978-0324672701

6th Edition

Authors: Robert w Ingram, Thomas L Albright

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Posted Date: Mar 16, 2023 02:11 AM

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You have a client who has liquid assets (cash, stocks and bonds) worth $10M, a house worth

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There are several strategies that could be used to cover estate taxes and ensure that the business is passed on to the next generation without incurri... View the full answer

Financial Accounting Information For Decisions

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