Many people make the mistake of assuming that they are too young to create an estate plan. This is one of the top reasons for procrastination. Someone in their 30s may know that they need a plan, for example, but they will decide that they’ll circle back and make that...
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When should business succession planning start?
Business succession planning is the process of passing a business on to someone else. For many business owners, this means giving it to the next generation. It’s a family business and they want to pass it on to their children. But there are also options to pass it to...