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Estate Planning Business Succession

Business Succession Planning

Now that you have spent your life's hard work building your business, you want to ensure that the benefits of that hard work are available to you and your family for their needs. Business succession planning is the process of looking at who will run the business when you are not able or interested in doing so, and how, financially, legally and logistically, they will have the resources to do so successfully. It is a vital part of an estate plan for anyone who owns a business.