Splitting the business down the middle would make it easy for index funds to strip the CEO of his executive power. A little liquidity would be nice.
Young adults can often feel like they’re immortal, but nobody really knows how long they’ve got left, and that’s why estate...
Truly sustainable philanthropy requires more than regular tax-deductible donations, especially if the assets aren’t 100% locked in to begin with.
Sometimes the principal is the factor that holds the wealth creation process back. Burt's gone now, but the legacy is going to be a work in progress.