Inside-out Succession

Estate planning for business owners presents additional complexities that all too often draw too little attention amidst the drive to implement strategies and structures designed largely to mitigate taxes and provide creditor protection. The linked article reminds business owners and advisory team members alike that, although legal structures are important components of the estate planning process, careful consideration of leadership succession and continued family involvement in the future stewardship of the enterprise should serve as the process driver, with structural implementation serving as the capstone.

Article: Trusts & Estates Magazine – Inside-out Succession