Succession Planning

Stevick, Glenn
July 2003
Advisor Today;Jul2003, Vol. 98 Issue 7, p18
Trade Publication
Discusses how financial advisors can help ensure the smooth transfer of a family-owned business to the next generation. Effect of the reluctance of the founder of the company to transfer the business to their successors; Difficulty of achieving a sense of fairness when handing down the business to heirs; Problem related to passing the business to children through a will.


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