Transferring ownership prior to the death of the owner

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Reference no: EM131707725

Business owners often delay estate planning for the following reasons:

They do not want to discuss their death and its implications for the family and the business.

They do not want to give up control of the business.

They are trying to avoid potential family conflicts.

What are the advantages and disadvantages of transferring ownership prior to the death of the owner?

Reference no: EM131707725

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