Family-owned and operated businesses have unique needs. Since its founding
in 1955, The Curchin Group has partnered and grown with 1st, 2nd, 3rd and
even 4th generation family enterprises.

Category : Succession / Estate Planning

Five Common Causes of Family Business Feuding and How to Avoid Them

It would be unrealistic to expect all family members to agree on all actions of the family business or of each other, but it is within reason to learn how to keep family disputes to a minimum and avoid planting some of those landmines in the first place. READ MORE

Financial Considerations for Family Businesses with Aging Ownership

Money in family matters can sometimes be a difficult subject, especially where aging and death may be part of the dialogue. But with the emphasis on business, financial matters can and should be discussed – the sooner the better. Following are different aspects of financial planning related to aging ownership in a family business. READ MORE

Understanding Estate Tax: What It is and What Your Family Business Needs to Know

Estate taxes are levied on the fair market value of an estate passed to heirs upon the death of its owner. As they pertain to a business, ownership (title) of a family business is an asset of the estate and is included in the overall estate on which tax may be due. Following are some aspects of estate tax planning that you should know in order to protect your family business and your family’s interests before it is too late. READ MORE

Three Common Estate Planning Mistakes You Don’t Want to Make

No matter what your net worth, it’s wise to have a comprehensive estate plan in place, and the earlier you do this, the better. Without an estate plan, decisions may be made without regard to your wishes and may not fully consider your heirs’ needs. The following are what I consider to be the three most common estate planning mistakes. READ MORE

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