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December 10, 2015 10:03 pm at 10:03 pm
#1143004
Ex-CTLawyer
Participant
Popa
as my first Tax Professor taught me. First you worry about making the money, then let the professionals handle the taxes.
as my father Z”L taught me: “You’ve got to make it to pay it.”
There are many ways to structure the sale of my practice that will not have major tax consequences. I’d rather have the proceeds less the tax bite, than just have one child and in-law end up with it all and have bad feelings among the siblings and their spouses.
B”H money isn’t everything, there are other considerations.