Family Business Succession Planning

The United States is on the threshold of a major demographic shift. The post-war baby boom generation a group of some 78 million Americans has arrived at, or is nearing retirement age. This generation now faces the very real necessity of planning for retirement, the end of life and a smooth transition to succeeding generations. In the context of a family-owned business, this planning will take the

The United States is on the threshold of a major demographic shift. The post-war “baby boom” generation — a group of some 78 million Americans — has arrived at, or is nearing retirement age. This generation now faces the very real necessity of planning for retirement, the end of life and a smooth transition to succeeding generations. In the context of a family-owned business, this planning will take the form of anticipating a transition in the ownership and control of the business, whether to

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