Business Succession Planning

Key Takeaways: Your ability to make smart financial decisions may start to decline sooner than you think. Have important conversations with family and trusted advisors about your wants and needs for your senior years as soon as possible Get legal documents in order and updated while you’re still considered “of sound mind.” As we age, […]

Key Takeaways: The lack of a solid succession plan can easily result in family conflicts that hurt the company. If the decision is to keep the family enterprise in the hands of the family, then a succession plan is needed. Many owners of family businesses want to create a family dynasty involving the company. If