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Splitting the "Difference"

April 01, 2011

Frequently, a business founded by a family member or by a group of friends will become the scene of conflict when ownership passes into the hands of succeeding generations or as the business evolves from what it was at its beginning. Often, a sale of the business, a redemption of one party’s shares or liquidation are the only answers. But, in some cases, a split-off can provide a satisfactory—and tax-free—solution.

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Fred Weil

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