Succession planning is one of the most important — and often overlooked — aspects of running a successful family business. Without a well-defined plan in place, business owners risk unnecessary disruption, lost value, and strained relationships when it comes time to transition leadership. Whether you’re looking to preserve your legacy, maximize the value of your business, or prepare the next generation, having a clear and thoughtful strategy is essential.
To help guide this process, we’ve added a valuable resource to our library: “No Drama: Plan for a Smooth Family Business Succession” — an insightful article developed by the Advanced Wealth Planning Group at Wellington-Altus.
