Business succession planning

Download Business succession planning

Do you have a well-thought-out plan for business succession?

Family businesses are intensely personal enterprises. Many family business owners do not plan early enough for the succession of the business. By failing to develop a sound succession plan, they often lose the opportunity to save significant estate and insurance taxes. A sound business succession plan allows owners the opportunity to meet their stated objectives and support the continuity of their business, while also benefiting all the other stakeholders.

For other topics covered in the 2010 Guide to tax and wealth management, please visit our Personal financial services site.