Category: Estate Planning
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Estate Planning And Business
Simply put, succession is the natural transition of property. Business succession is the process of choosing someone to take over your business, and developing a plan to make it work. Several questions come to mind when thinking through business succession. While lots of business owners overlook business succession planning until the last moment, it is…
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Decision Making During The Estate Planning Process
Several years ago, a friend of mine was on his way to go deer hunting with a friend over Thanksgiving weekend when they were involved in a head on collision. He ended up in the hospital for a month with a broken pelvis and multiple fractures in both legs. Fortunately, over time he recovered. His…