Day: August 4, 2024

Streamlining Succession: How Restricted Property Trusts Benefit Business Owners

Introduction For business owners, planning for succession is a critical aspect of ensuring the long-term stability and success of their enterprises. Restricted Property Trusts (RPTs) offer a powerful tool for addressing succession planning needs, providing both tax advantages and strategic benefits. By leveraging RPTs, business owners can facilitate a smooth transition of ownership, enhance asset […]