Mailbag: What's the Best Way to Transfer a Family Business to One Child? - podcast episode cover

Mailbag: What's the Best Way to Transfer a Family Business to One Child?

Oct 17, 202410 min
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Episode description

In this week's episode, Ted tackles 3 questions from the listener mailbag. Austin asks how to ensure that both their children from previous relationships inherit what they’ve worked for, while also making sure their spouse is financially secure if one of them passes away. Penelope asks whether the family business should be gifted to their interested child or sold to them, given that not all of their children want to take it over. Tune in for answers to these questions and more!

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Mailbag: What's the Best Way to Transfer a Family Business to One Child? | New York's Asset Protection Roundtable podcast - Listen or read transcript on Metacast