Business owners: Is a holdco right for you?
If you’re a business owner, you may wonder if setting up a holding company — also known as a holdco — makes sense for you. It can offer asset protection and potential tax savings. It may also be useful if you’re preparing to sell your business. Pierre Létourneau, Business Succession Advisor, TD Wealth, joins Kim Parlee to discuss these benefits and some of the complexities to consider as well.