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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: combjelly who wrote (577757)	7/24/2010 10:47:05 AM
From: i-node	1 Recommendation Read Replies (1) \| Respond to of 1570975

Of course. But you are claiming ones that have gone into liquidation. There are many ways to avoid that for small businesses. But, if you want to run away from your original statement, that is ok. Let's cut to the chase. A man owns a business that has FMV of $10,000,000 and is diagnosed with terminal cancer. He has two years. As a small businessman, everything he owns is tied up in the business. The business has $500K in cash, has 5M in other productive assets, and owes about $3M. Not an atypical small business at all. The small town I live in would have several hundred of these businesses. What is this guy to do to avoid liquidation of his business at his death?