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3min chapter
Leadership Can Be Uncomfortable
The EntreLeadership Podcast
The Advantages of a $100 Million Business
You get 80% of the profits until you hit the four million number, which is going to take what three, four years? Something like that. And on your partner is, and your partner transfers to her. So if he dies, she gets his half by buying out his widow with the life and trans proceeds,. She transfer all that over at the time you transfer ownership. If you just leave it to her at full value and she hasn't bought any of it or it hadn't been transferred before your death under the exemptions, she's going to get hammered on taxes. We were able to move $24 million worth of value over into the kids' names. There's zero tax and
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