Family Business Webinar: Passing Assets to the Next Generation - Does Fair Mean Equal?
The terms "fair" and "equal" are often used interchangeably, however, the two are not synonymous. When I meet with family business owners they often suggest they want to treat their kids equally, when in fact they want to treat them fairly.
But what does this mean when it comes to family assets like a business or farm?
by Scott Heintzelman - Scott is a CPA, CMA and CFE living in Pennsylvania. Scott is a partner serving on the executive team at McKonly & Asbury LLP, a regional accounting firm with multiple offices in the Mid-Atlantic. The firm has been an IPA ALL-STAR as well as winning Best Places to Work in Pennsylvania for numerous years.