In episode 66, hosts Elizabeth Larkin and Gene Marks answer a question about passing on your small business to your children:
"I'm getting ready to retire. One of my three children wants to take over the business, the other two want nothing to do with it. This is something I built for all of them. If one child takes over the business, do I need to find a way to balance out the inheritances of my other children?"
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Transcript
Elizabeth: Alright, so we're doing a quick episode today because Gene is off tomorrow on vacation.
Gene: Yeah this has to be very quick, we're going off on vacation, okay.
Elizabeth: You've gotta pack, I'm sure it takes you hours to pack.
Gene: It does. So everybody thanks for listening, it's been great and we'll see you next time. Yeah, we're leaving tomorrow for Jamaica to an all inclusive resort.
Elizabeth: The whole family?
Gene: It's myself, my wife and my three kids. 21, 21, 22.
Elizabeth: Oh my god.
Gene: So they're all- everybody is all reared up, they're all of legal age and we'll be taking full advantage of the all inclusive amenities.
Elizabeth: So do you do the beach or the pool?
Gene: Both. And I do a lot of shuffleboard. I'm a big shuffleboarder. Yeah, it's awesome.
Elizabeth: Shuffleboard... I can see you doing that actually.
Gene: Love shuffleboard. And then hopefully some beach volleyball and all that good stuff so.
Elizabeth: Are you bringing books? What books do you bring?
Gene: I'm bringing my kindle and I've got a bunch of books that's on- I gonna read the new book by Al Franken.
Elizabeth: Okay.