Protect Business from Your Spouse

You're a successful woman who owns a thriving business. Your husband has little or nothing to do with it. Still, you want to make him a shareholder. Why?

• If your husband were a shareholder, you could split income with him by paying him dividends, thus reducing your taxes payable.
• Because of his industry expertise, you want to encourage his involvement by giving him a stake in the company and a voice in decision making.
• You need a capital injection and he's prepared to put up some money for an equity sake.

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