Retiring? What Happens to Your Corporation When You Retire?
As Physicians start to plan for retirement many ask what happens to their corporation and the assets they have accumulated inside the corporation when they retire. Below is an overview on some ideas for consideration. A corporation is a separate legal entity from you the physician and is owned by the shareholders. The corporations’ articles of incorporation established the existence of the corporation, the shareholders’ class of shares (for example A, B, C), voting rights, share value and the different rights of each … Continue reading Retiring? What Happens to Your Corporation When You Retire?
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