Connecting the Business Owner’s Personal Estate Plan to the Business Train
Most often, the business represents the vast majority of the business owner’s total wealth, and owners spend a disproportionate amount of time developing their business plans and neglect their personal estate planning. However, it is important to integrate both the business and personal planning in order to achieve a truly effective, comprehensive result for the family.
- Learn the “best practices” language to include in the business owner’s estate planning documents.
- Discuss options to equalize distributions for the beneficiaries when the business is given to only a few family members.
- Tax planning tips and tricks for the family succession plan
- Creating family governance structures to keep peace and resolve family conflicts