Decades of work can be dissipated unnecessarily and preventable by having a plan in place. Expand all items + Your Succession Team Having one or more of your family members take over the business will ...

It is often hard to know where to start when it comes to succession planning. The following documents help family businesses and farm businesses start planning for their future. Estate planning for a ...

Owning a family business, and planning the succession of your family business, is as much a part of the American dream as white picket fences and two cars in every garage. But is handing your ...

A successful succession plan creates a structure the business can follow through ... In particular, family succession plans provide a template for transferring the business to the next generation.

“Most family farms fall within the $4 million exclusion and allow family succession without the ... a farm-owner may also enroll in a business management plan for record-keeping.

The founders of some of the nation’s most successful family business ... were restructured for succession planning purposes. This involved the $3.5 million sale of the business from one trust ...