Many small business owners want to pass their family legacy on to their kids and grandkids, but they are turned over to vulture funds because the family may be asset rich but lacks the cash to pay the estate taxes. I have met people who literally sold the farm to pay the taxes.
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"Many small business owners want to pass their family legacy on to their kids and grandkids, but they are turned over to vulture funds because the family may be asset rich but lacks the cash to pay the estate taxes. I have met people who literally sold the farm to pay the taxes." — Stephen Moore #familyparenting
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Many small business owners want to pass their family legacy on to their kids and grandkids, bu…
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Many small business owners want to pass their family legacy on to their kids and grandkids, but they are turned over to vulture funds because the family may be asset rich but lacks the cash to pay the estate taxes. I have met people who literally sold the farm to pay the taxes. — Stephen Moore
About Stephen Moore
Stephen Moore was a Writer from United Kingdom (1937–2019).
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Who said "Many small business owners want to pass their family legacy on to their kids an…"?
This quote is attributed to Stephen Moore, a Writer from United Kingdom.
When did Stephen Moore live?
Stephen Moore lived from 1937 – 2019.
What is this quote about?
This quote touches on Family & Parenting. Browse more quotes on these themes from the categories page.