Do You Have a Succession Plan in Place?
January 7, 2018 4:22 pm“Exploring opportunities you may have to save tax or grow your wealth through early estate or succession planning may be the best New Year’s resolution you’ll ever make.” I’m often approached by shareholders asking me about succession strategies. It’s a great question. When I ask them what they have in place legally to transition their assets or corporate shares, they usually know there’s something in place, but don’t have a clear understanding of what it entails. It’s important to make sure you know what you have, what it’s for, and how it’s going to be funded. Because if you do...