Estate Planning, Business Succession, & Protecting Your Business

 In order to effectuate a successful transition of your business, it is necessary to have a clear plan in place in order to transfer assets and distribute the stocks after the person who holds these items has died.  The efficiency of the transfer will help to preserve the value of the business.  If there is no clear succession plan, there may be power struggles that undermine the strength of the company.  These disputes also may prolong the probate process, which could lead to a devaluation in the stock, creating an uncertain future for the business.

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