Sentences with phrase «transfer ownership of a business»

But sometimes you can transfer ownership of a business to another business in a merger or acquisition.

Life insurance may be used to insure key executives, to transfer ownership of a business interest, and to provide employee benefits.

He achieved this by transferring ownership of his business empire to his wife, Cristina Green, who lives in the tax haven of Monaco.

Transferring ownership of a business is a significant transaction, so getting your agreement in writing is essential.

Business transition planning — Life insurance can help provide the funds needed to orderly transfer ownership of a business.

Likewise, there are few, if any, better methods to sell or transfer ownership of a business than through the use of life insurance..

Not exact matches

Given the lack of preparation, it's not surprising that only one - quarter of family businesses succeed in transferring ownership and control to the second generation, and only 11 % make it to the third, says Michelle Osry, Canadian leader of Deloitte's family enterprise consulting group.

But he can sell as much as 100 % in a single transaction — or, most commonly, a series of deals spread out over a decade or so, during which time the owner gradually transfers ownership and day - to - day management of the business.

Matching the right buyer with the right business is a painstaking process and the transfer of business ownership is time consuming.

With years of experience serving business owners and ultra-high net worth families, Atlas advisors address every aspect of complex financial situations, including intergenerational wealth transfer, philanthropy, real estate, concentrated stock, business ownership, retirement plan design, and more.

The conglomerate, which has businesses that range from real estate to football and cinemas, had initially said it wanted to transfer ownership of some its overseas assets to its holding company as part of a restructuring, keeping them within the group.

Australian transportation and logistics company Rivet obtained a financing package, including a term loan from Boston - based Gordon Brothers Finance Company and Gordon Brothers, which refinanced existing facilities and facilitated the ownership transfer and expansion of its business.

Under current tax law, business owners often find it challenging to transfer ownership of a family - run company to the next generation without help from a financial partner.

Life insurance can pay off your business debt, pay taxes if ownership of your business is transferred as part of your estate, or pay for a business partner to buy out your share via a buy - sell agreement.

No matter the industry, business decisions regarding the transferring of ownership, who takes over specific positions and the retention of benefits is something every family's transition plan must address.

Although it will be incredibly difficult to ever match his contributions on the pitch, it's vitally important for a former club legend, like Henry, to publicly address his concerns regarding the direction of this club... regardless of those who still feel that Henry has some sort of agenda due to the backlash he received following earlier comments he made on air regarding Arsenal, he has an intimate understanding of the game, he knows the fans are being hosed and he feels some sense of obligation, both professionally and personally, to tell it like he sees it... much like I've continually expressed over the last couple months, this team isn't evolving under this current ownership / management team... instead we are currently experiencing a «stagnant» phase in our club's storied history... a fact that can't be hidden by simply changing the formation or bringing in one or two individuals... this team needs fundamental change in the way it conducts business both on and off the pitch or it will continue to slowly devolve into a second tier club... regardless of the euphoria surrounding our escape act on Friday evening, as it stands, this club is more likely to be fighting for a Europa League spot for the foreseeable future than a top 4 finish... we can't hope for the failures of others to secure our place in the top 4, we need to be the manufacturers of our own success by doing whatever is necessary to evolve as an organization... if Wenger, Gazidis and Kroenke can't take the necessary steps following the debacle they manufactured last season, their removal is imperative for our future success... unfortunately, I strongly believe that either they don't know how to proceed in the present economic climate or they are unwilling to do whatever it takes to turn this ship around... just look at the current state of our squad, none of our world class players are under contract beyond this season, we have a ridiculous wage bill considering the results, we can't sell our deadwood because we've mismanaged our personnel decisions and contractual obligations, we haven't properly cultivated our younger talent and we might have become one of the worst clubs ever when it comes to way we handle our transfer business, which under Dein was one of our greatest assets... it's time to get things right!!!

What life insurance can do for you: Life insurance can pay off your business debt, pay taxes if ownership of your business is transferred as part of your estate, or pay for a business partner to buy out your share via a buy - sell agreement.

Small business owners and family businesses may be especially impacted by capital gains because the tax ramifications of selling and retiring (or transferring ownership) can seriously hinder the owner's retirement plans.

The sum is paid back by the individual or business who had applied for the loan over a pre-determined time period, at a pre-defined interest rate, and get the ownership of the asset transferred after settling down the entire loan amount.

Settlement for the sale and transfer of ownership occurs 2 business days after the trade takes place (this is known as T + 2).

Life insurance can pay off your business debt, pay taxes if ownership of your business is transferred as part of your estate, or pay for a business partner to buy out your share via a buy - sell agreement.

The BEA defines personal income as «the income received by, or on behalf of, all persons from all sources: from participation as laborers in production, from owning a home or business, from the ownership of financial assets, and from government and business in the form of transfers.

Moreover, to ensure that the pet dogs stay licensed and traceable, pet businesses would have to transfer the ownership of these dogs to their new owners upon a sale.

To ensure the traceability of the animals, pet businesses will have to transfer the ownership of these dogs to their new owners upon a sale.

In the event that a change in legal structure (e.g., Sole Proprietor to incorporated) or changes in ownership of a business occurs, transfer of points to the Scotiabank credit card replacement account that earns points will be allowed.

That, along with no APR for the first 12 months of card ownership for purchases and balance transfers (then, 14.49 % - 20.49 % Variable), means this could be a solid choice for new business owners funding start - up expenses or perhaps business owners who have a bit of debt they need to consolidate.

At around the turn - of - the - century, ownership of the business was transferred to the Schilling family.

Your Limited Partnership Agreement can include details like: the name, address, and purpose of forming the partnership; whether limited partners have any voting rights regarding the day - to - day business decisions; how decisions will be made (by unanimous vote, majority vote, or majority vote based on percent ownership); the names, percent ownership, and capital contributions of the partners; defined management roles for individual partners; accounting and auditing information; how to transfer or buy out shares; how to dissolve the partnership; and more.

Obtain visas for key employees and set up the business ownership to facilitate transfers of foreign professionals to the US business

He also counsels clients through corporate transactions such as the formation of companies and subsidiaries, mergers & acquisitions, and the sale and transfer of ownership interests, including business succession projects.

The Court ultimately held that because the transfer of the farm business was without consideration and without the intention of making a gift the second wife was not a 50 % co-owner but held her ownership interest in the shares of the farm business on a constructive trust in favour of her husband, meaning that the husband was 100 % owner of the farm business.

I suggested that strong business management is managing through constant change, and that this change should be actively managed in a law firm at three levels: the Partnership (and eventual transfer of ownership); practice groups, and individual lawyer careers.

I suggested that strong business management is managing through constant change, and that this change should be actively managed in a law firm at three levels: the Partnership (and eventual transfer of ownership); practice groups, and... [more]

Buy Sell Agreement: An agreement for the transfer of business ownership to the remaining owners at the death or retirement of an owner.

Life insurance can pay off your business debt, pay taxes if ownership of your business is transferred as part of your estate, or pay for a business partner to buy out your share via a buy - sell agreement.

Because stock is easily transferred, within certain limitations, changes in ownership can easily be effected without disturbing the smooth operation of the business.

It is common amongst business partners to take out «key man» life insurance policies on each other to both ease the burden of loss on the company, and to help cover the taxes on transfer of ownership to the remaining partner or partners.

An agreement made for the transfer of business ownership to the remaining owners (if any) upon the death or retirement of an owner.

A transfer of the business or a change of ownership, including a change in the form or ownership; except that a transfer of less than a majority interest in a corporation shall not be considered a change in ownership.

Termination of Connected Car Service for CRUs: Service shall be provided to each connected vehicle until such time as: (a) Customer terminates the service for the vehicle; (b) ownership of the vehicle is transferred to a third party and the third party or the vehicle's manufacturer requests to establish service for the vehicle; or (c) AT&T terminates connected vehicle service by exercising its rights set forth elsewhere in the Business Agreement.

One option would be to purchase in a business entity, and sell ownership of the entity after closing... this will convey all ownership rights to the property to your end - buyer without transferring title.

Christopher Stai, managing director at Brown Gibbons, says among other trends, provider - based clients are conducting strategic reviews and looking closely at monetizing both core and non-core assets, transferring ownership and valuation risk, and redeploying capital towards growth opportunities and other core areas of their business, while maintaining a degree of control over the assets.