This questionnaire is designed to help you pinpoint planning opportunities for your family business and organize your goals. It can also be of use when answered with the assistance of your attorney, accountant and/or financial planner.

C Corporations

1. Is compensation to shareholder/employees reasonable in light of the services rendered and the success of the company? Is any compensation currently being paid for past services? Do the corporate minutes reflect this fact?

For families with children in private school or college, education costs can be prohibitive. Financial aid is can be hard to obtain and scholarships can be even more elusive. For many families, tax incentives are the only assistance left. The following is a survey of tax-related incentives you may want to consider.

Education IRAs