Business and economics |

Years ago, the partner at the law firm where I worked at the time approached me about working on a presentation for a major client. The client had significant business and personal holdings and was looking to do both income and estate tax planning.

We prepared for this meeting for about two weeks and came up with a plan that would address all of his concerns. Part of our plan involved getting his children more involved in his business (which he claimed he wanted) and we also suggested a gifting program to donate significant pieces of his impressive art collection to a local museum (which he also claimed he wanted).

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