Business succession planning and estate planning may seem similar but actually have very different planning elements to consider. In a typical estate plan parents will want to treat all family members equal while in business succession planning this may be far more difficult, or seem impossible. You should not apply the standard process of developing an estate plan for your family when developing your business succession plan.
For many years we have worked with business owners in devising a plan to meet their unique family situations. Whether you have one child working in the business or a larger family that do not all work in the business, there is a solution for you. We can help you design a plan that will allow your business to grow and prosper, while meeting the needs of your family estate planning goals.