PERSONAL FINANCE

Estate Planning: And When I'm Gone

Survey: Five methods for reducing estate taxes and the percentage of entrepreneurs who have chosen each.
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JANUARY 1990

Entrepreneurs who have implemented a plan to reduce estate taxes have chosen the following methods:

Lifetime gifting (ofbusiness shares) 42%

Joint asset purchase 25

Employee stock ownership plan 20

Grantor retained income trust 10

Going public 3

Source: "Pulse of the Middle Market 1989" survey of 1,873 active owners of businesses with revenues form $2 million to $100 million, BDO Seidman, New York City

Last updated: Jan 1, 1990




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