You may have heard of the concept of a business succession or “buy/ sell” that deals with the exit of a business proprietor in the event of an event such as death or disablement. Here is how it works based on a case study and solution. Want to know more?-...
Christmas is a good time of the year to reflect upon family succession and estate planning. A family discussion about proposed succession of the family business can often help to clarify intentions and assist in reaching consensus about expectations and plans moving...
Business succession planning involves simply that- planning for transition of the ownership or management of a business at the appropriate time. This is not always at the death of a proprietor, as most people would like to retire from business before that! Business...
Gen Z , Gen X & Baby Boomers- Proper Planning has something for everyone Whether you are Generation Z, a baby boomer or anywhere in between – Estate Planning and documenting arrangements is equally as important at any age. Let’s put this into perspective…...
Q. I have heard of some people having Wills that include testamentary trusts. What are they? A. A testamentary trust is simply a trust that is established through a Will. There are many different types of trusts that arise in Wills: from a simple trust where funds are...
