Succession Planning

Succession Planning Part 4: Succession, California Style, or How Prop 13 Affects Everything

October 23, 2014

When people work on their succession planning, estate taxes loom large in their minds.  We all worry that paying the estate tax will break the business and try to plan accordingly.  This may be the least of our problems, at least in California.  An estate tax is a one-time deal; but a change in property […]

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Succession Part 3: Assembling a Rough Inventory of Your Possessions

August 12, 2014

We’re finally getting into the nuts and bolts of succession planning.  One of the first concrete steps you need to take is to get a handle on what you own and what it’s worth.  This inventory includes all of your possessions, not just your land.  Successful strategies depend on knowing what your assets are and […]

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Succession Planning, Part Two – Engaging your heirs

March 23, 2014

Disclaimer: We’re not claiming to be experts, but CCFA can certainly act as a clearing house for stories, ideas, problems, questions and so forth as we explore the topic together.  We think that if we each share the little bit we know, across all of us we can find most of the answers we need. […]

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Succession Planning, Part One of Many

February 16, 2014

You may remember a couple of years ago when CCFA sent a questionnaire out asking if members were interested in succession planning.  We got a very enthusiastic response and have been trying since then to get the UC Extension folks to bring the Ties to the Land road show to Santa Cruz County.  We feel […]

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