It’s common for a corporation of any size to split, but taxable reorganizations can create an unnecessary tax burden on all parties involved. Wood + Lamping attorney Howard Richshafer outlines divisive reorganization structures which can protect corporations and shareholders from tax liability.
In this episode of “Simply Money,” Mark Reckman breaks down the dos and don’ts of setting up a parent in a care facility, the paperwork to watch for, and how to take care of your loved ones without putting yourself at financial risk.