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#292 - Ryan Heath - Founding Attorney @ Baker Heath, PLLC - Estate Planning 101

The Fort

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How to Restructure Your LLC

If you have a profitable business and it doesn't even matter if there's a son or daughter working in it, is there something that you should be doing to restructure how it moves to the next generation? "The key thing we're looking at is who can make the decisions on a day to day basis if something happens to dad," he says. If an S-Corp goes into trust, there's certain types of elections that have to be made.

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