Family Trust Agreements, Community Giving Spotlighted in New Family Enterprise USA Video with Commercial Realty Firm Thompson Realty, Lincoln, Neb.
The struggles and successes of starting and transitioning a multi-generational family business, and giving back to communities, is never easy. This story comes to life in a new video released by Family Enterprise USA. The video is hosted by Pat Soldano, President of Family Enterprise USA. In the interview, Kent Thompson, President of Thompson Realty Group, Lincoln, Neb., details how his 33-year commercial realty company grew from its small Nebraska beginnings to owning and operating 60 commercial buildings from Denver to Chicago. His family has developed unique plans for transitioning to the next generation, and how they give back in Third World countries.
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The need for fact-based reporting of issues important to multi generational businesses and protecting a lifetime of savings has never been greater. Now more than ever, multi generational businesses and family businesses are under fire. That’s why Policy and Taxation Group is passionately working to increase the awareness of issues important to generationally-owned family businesses built on hard work, while continuing to strengthen our presence on Capitol Hill. Those issues include Step Up in Basis, gift tax, Valuation Discounts, Capital Gains Tax, Income Tax Rates, Wealth Tax, & Estate Tax (death tax).
Policy and Taxation Group is the leading information, education and advocacy organization working for the reduction and ultimate elimination of estate, gift, and generation skipping transfer taxes, and other taxes that punish hard work and success. Our Mission is to challenge hostile tax policies that meaningfully and measurably impact families and limit the ability of family businesses to remain family owned. We work with Congress in Washington DC against high Income Tax Rates, possible elimination of Valuation Discounts, increase in Capital Gains Tax, enactment of a Wealth Tax, and the continued burden of the Estate Tax (death tax), and the possible elimination of Step up in Basis.
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