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Wealth Management
Eight Steps to Align Your Estate and Succession Plans
Nov 19, 2014

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Aligning Your Estate and Succession Plans
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Whether you plan keeping your practice in the family or selling it to an outsider, there are likely to be real impacts on your estate plan. The reason: Your practice may be your most valuable asset, says David Grau Jr., president of Tualatin, Ore.-based Succession Resource Group, a consulting firm that helps financial advisors with succession planning. “You need to consider your estate and succession planning in tandem, because decisions you make about how to sell your practice will have an effect on your estate, and vice versa,” Grau says. Here are some recommendations from Grau that will help you better align your succession and estate plans: 

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