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Aug 1, 2011 12:00 PM
The Business Within
A new study titled “Don't Lock Me Out: Life Story Interviews of Family Business Owners Facing Succession,” by Alexandra Solomon, et. al,
Succession planning for family business owners has two primary components: business and human. Business components relating to successful family business succession include having a proper business strategy, effective management succession and a tailored estate plan, including a buy-sell agreement. These business factors occur within the domain of human relationships. In particular, the human factors associated with existing owners constitute an important predictor of the success or failure of family business succession.
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Topics of Interest
| Estate Tax | Donor Advised Funds |
| GSTs | Family Offices |
| Private Foundations | Life Insurance |
| 2010 Tax Act News | Industry Trends Surveys |
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