Succession Planning
We’ve said it before. Many people ignore planning when it comes to their estates. Even more business owners neglect the attention they know they should give to the immediate and long-term future of their company.
It’s not surprising, when you think about it. Most people in business are busy building the enterprise, not planning for their retirement, demise, or partnership breakdown. But then the unexpected happens or time passes far more quickly than they thought possible.
The better course: take a little time periodically to answer a handful of questions about “What if?” Once you do, they can be answered more readily than you think, especially with the kind of guidance we can provide. With the buy/sell agreement, preparations to hand business off to children or employees, life insurance, retirement readiness and the like in place, you can get back to business knowing this is settled.
Integrating your thoughts into your Estate Plan, business operations, banking and personal life makes this all the more strategic. Robinson Payne can become your partner in planning it all well.