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While the issue of perpetuation planning is not new, according to management consultant Chris Burand, the options have changed. "Internal perpetuation is now more prevalent than any time in the past eight to 10 years," he says. Traditional sources such as banks have dried up. The downturn in the economy has encouraged many young family members to seek a future with the family owned agency, Chris suggests. On this podcast, he goes into detail to describe some of the tax rulings and other factors that play important roles in both determining agency value and smooth transitions.