What Is Involved In A Succession Plan?

Video Transcription:

A succession plan really should try to anticipate everyone in the family’s needs, and what is best for the parents, so that they maintain control as long as they want to; maintain a cash flow as long as they want to. When that time ends, who should receive control of the business? Is it both kids? Or is just one kid? How should the kids in the future share economically in that business? Have more questions? Then contact us today to schedule a free consultation! Doane & Doane – Top rated Tax & Estate Planning Attorneys