Business Succession Planning

Business succession planning is the process whereby one proactively plans for one’s business and its disposition. This can occur as a result of a planned retirement or death.  This typically involves planning for the successive ownership, management and operations of the business. This type of planning may occur alongside the overall estate planning process, or separately as a distinct project.

A professional business meeting setting, with diverse individuals in formal attire gathered around a table, engaged in conversation. A handshake symbolizes agreement, partnership, or succession planning, with everyone smiling and interacting positively.