Many Estate Planning attorneys shy away from business succession planning, but approaching this planning like any other asset can remove the fear from the process! First, it’s important to understand that entities involve not just the business relationship, but family relationships as well. Often, businesses start with one or maybe two members of a senior generation who have the funds, desire, and connections to create the business. It’s not always clear, though, what will happen when that senior generation retires, or worse yet, dies unexpectedly.
If you’d like to learn more, please see this helpful article at the AAEPA’s website.
Estate Planning Attorney at Slaton Schauer Law Firm, PLLC
Regina Slaton Schauer, has been practicing law for 25 years and is licensed to practice in Texas and Oklahoma. In addition to doing estate planning, her background includes being a Judge for eight years, working in a district attorney’s office and running two international programs where children were brought from orphanages and placed into loving American homes.
Latest posts by Regina Slaton Schauer (see all)
- Just When You Thought You Understood the 10-Year Rule, Think Again - January 24, 2023
- Talking Trusts… and Taxation - January 18, 2023
- Easy Business Succession Planning - January 12, 2023
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