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Family business
As an estate lawyer, I’ve seen many family businesses flourish across generations. Unfortunately, I’ve also witnessed others falter during the transition, not because of market conditions or competition but due to inadequate succession planning. The hard truth? Sometimes, the biggest threats to your business legacy come from within the family itself. The Question No One...
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Owning a business can be an all-encompassing task. When you are focused on the day-to-day management and administration of your business, it can be hard to think long-term about a succession plan. However, planning for the future of your business after your passing is crucial. Why Create a Succession Plan? Succession planning is important for...
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