Family Enterprise

Succession Planning: Keeping it in the Family, Without Starting a Feud

Succession Planning: Keeping it in the Family, without Starting a Feud

In my previous post, I emphasized the importance of long-term and comprehensive planning to ensure that a business succession is as trouble-free as possible, and will leave the most after-tax dollars in your pocket. When that succession plan involves passing the business to a child or other family member, a host of considerations come in to play. Many of these have nothing to do with dollars and cents. Interpersonal relationships can quickly complicate, even sink, …

Succession Planning: Keeping it in the Family, without Starting a Feud Continue Reading

Scroll to Top