Business Succession Planning
Most family business owners believe their business will survive and support the family for generations to come. However, without very careful planning and forethought, that just isn’t probable. According to the Family Business Institute, only 30% of family...
Business Succession Planning
The planning for the transfer or liquidation of your business at retirement or death is just as important as the planning you did when you started your business. Here are some tips from an experienced business attorney on how you can use estate planning...
Business Succession Planning
Most business owners build their businesses with an exit strategy in mind: either cashing it out or passing it on. Whatever your thoughts are for what happens to your business when you retire or die, it is unlikely to happen without a comprehensive plan...
Business Succession Planning
If you have built a successful business and plan to leave it to your heirs or business partners, doing so is not a process that just happens naturally after you retire or die. If you don’t have a buy-sell agreement, a business succession plan, a business...
Business Succession Planning
The recent birth of Prince George Alexander Louis to Prince William and Kate Middleton gives the House of Windsor a living 4th generation heir to the throne. Prince George will undoubtedly need to wait for 60 or more years until he ascends to that throne, given...