Deciding to go into business for yourself is a very big step, and success takes a lot of careful and informed planning. At the same time, once your business is on firm footing you have to ask yourself how you will be exiting the business, and this too is something that takes some intelligent planning. You may love what you do and have no intention of retiring. Some people feel this way, and if you are one of them you will be more concerned about how you're going to be passing along the … [Read more...] about Obtain Succession Planning Advice
Business Succession Planning
Life Insurance & Business Succession Planning
One of the reasons why it is important to consult with a professional when you are planning your estate is because each situation is unique. The extent of your assets, the dynamic of your family, the nature of your wishes, and how you want to spend your retirement years all factor into the equation. When you see "do-it-yourself" estate planning kits you have to ask yourself how one marketer could somehow account for myriad possibilities and countless different jurisdictions in one handy-dandy … [Read more...] about Life Insurance & Business Succession Planning
A Small Business Estate Plan Is A Must
Estate planning is a multifaceted endeavor and there are many things that need to be taken into account regardless of the size and scope of your estate. This is true for everyone no matter how you earn a living, but people who own small businesses face an added layer of complexity when they construct their estate plan. They also may find themselves so wrapped up in their work that they find it difficult to make the time to formulate a plan, but the reality is that the responsible business person … [Read more...] about A Small Business Estate Plan Is A Must