Miscalculations and Entitlement Traps? What exactly is a â€śLegacy Paymentâ€ť? Legacy Payments are those payments made to the prior generation when the next generation buys a family business. These payments include the debt service, principal and interest, on the purchase of the family business and possibly the real estate too; in addition, there are other types of Legacy Payments that can add weight to the tot ...Read more ›
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