1.0Business Succession - An Albany Business Succession Bloghttps://www.albany.com/business-successionRobert J. Fowler, CFP, ChFChttps://www.albany.com/business-succession/author/rfowler/Gifting Your Business - Business Succession - An Albany Business Succession Blogrich600338<blockquote class="wp-embedded-content" data-secret="jeFaTsvsuW"><a href="https://www.albany.com/business-succession/2017/03/gifting-your-business/">Gifting Your Business</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.albany.com/business-succession/2017/03/gifting-your-business/embed/#?secret=jeFaTsvsuW" width="600" height="338" title="“Gifting Your Business” — Business Succession - An Albany Business Succession Blog" data-secret="jeFaTsvsuW" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
/* <![CDATA[ */
/*! This file is auto-generated */
!function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document);
/* ]]> */
</script>
In past articles we covered investments to have your business pass to second, third and possibly even fourth generations. As you may recall, very few businesses are able to arrange such successions. One alternative might be to gift your business...