Make sure your succession plan is successful!

Make sure your succession plan is successful!

Your succession plan cannot be done right unless it is part of a comprehensive estate plan Most readers are not aware of their most valuable asset (often called “lifetime equity growth” or LEG for short) The heart of any estate plan is always the lifetime plan

Sooner or later, like it or not, when you own all or part of a closely held business, you must wrestle with your unique “succession planning problems.” The reason most readers of this column call me for help is to solve their business succession puzzle.

Now a sad fact: most callers do not have an estate plan or, if they do, the plan is out of date. Let me be clear: your succession plan cannot be done right unless it is part of a comprehensive estate plan.

Also

Register to view the full article

Registration on Contractor allows you exclusive access to high value content centered around proprietary research, expert analysis, and in-depth technical procedures.

TAGS: Taxes
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish