«The closer you get to the
actual succession, the fewer opportunities you have to structure the right sale, to save on
taxes, to prepare your employees and yourself,» says Joan Crain, global family
wealth strategist at BNY Mellon Wealth Management, based in New York
wealth strategist at BNY Mellon
Wealth Management, based in New York
Wealth Management, based in New York City.
What about substantial
wealth excluding houses, cars, furniture, jewelry...
actual investment portfolios stuffed with cash, stocks, bonds, mutual funds, real estate investment trusts, master limited partnerships,
tax - lien certificates, or any of the other numerous securities one can own to compound capital?