You certainly can do quite a few things. You probably know by now that there is no federal estate tax at all in the United States, if deaths occur in 2010. Next year it may come back like a tidal wave —or not — depending on what Congress does. What should you do to cope ...
Continue Reading »
Tags: Business Succession Planning, Estate Planning, Estate Tax, Family Business, Family Law, Family Trusts, Guardianship, ILIT, Inheritance, Inheritance Tax, International, Japan, QDOT, Succession Planning, Trusts, Wills and Living Trusts
The son of the founder of the troubled Daiei big box stores and former owner of the Daiei Hawks pro baseball team (now the Softbank Hawks), Tadashi Nakauchi, age 50, was arrested this week for failing to declare about 500 million yen (roughly $5.5 million) given to him by his father before his death. See ...
Continue Reading »
Merger negotiations between Kirin and the smaller, family-owned Suntory, Japan competitors in the beer and beverage business, have broken off, apparently permanently.
The parties ultimately disagreed on the share ratio and the extent of the role that the ...
Continue Reading »
As I predicted only a few days ago, a Japan family-controlled company has prevailed in its demands for a key control position in a merger with a much larger firm. Suntory Holdings and ...
Continue Reading »
Accounts of merger negotiations between two major beer and beverage companies in Japan reveal a fascinating story about how a smaller, family-controlled company, Suntory, is maneuvering to maintain family business succession in a combination with the much larger Kirin, which ...
Continue Reading »