Posted 2/9/2019 09:27 (#7308519 - in reply to #7307998) Subject: RE: How is the young guys suppose to carry on?
sand85 - 2/9/2019 00:21
It’s financially fair if Jr was paid a market wage or equivalent value/equity shares during the period for which he was an employee/partner. If Jr worked under market value and gave up 20 years of climbing the ranks in a different career field it’s a pretty raw deal, worse given the family dimension.
Yup, common story. Scrape by for years to subsidize somebody else's retirement.