Women in Leadership: 5 Lessons from the Pandemic
The COVID-19 pandemic has been hard on everyone, but especially difficult for women-led businesses. Here’s what may be in store for the recovery period ahead.
Many business owners look forward to the day when their kids take over the family business. It can be the beginning of a lasting legacy for the family. But as retirement nears, those parents will also realize that passing down the business could result in a cash crunch down the road. Jeff Halpern, Business Succession Advisor with TD Wealth, joins Kim Parlee to discuss some ways you can structure the transfer or sale of your business to fund your retirement.
With retirement on the horizon, an estate freeze can allow a business owner to gradually transfer a business to the next generation while also dealing with tax concerns proactively. Kim Parlee speaks with Georgia Swan, a Tax and Estate planner with TD Wealth.
The pandemic has shaken up small businesses and made filing taxes an even more complicated task for many owners. Chris Gandhu, a High Net Worth Planner with TD Wealth joins Kim Parlee to explain why this year is different and offer some thoughts on what business owners should consider before they file.