Fewer than one-third of family businesses survive into the second generation, while only 13 percent make it to the third generation. But here are some tips for a successful family business succession and how you can beat the odds and help your business live on for generations to come!
A will is one of the most basic estate planning tools. While relying solely on a will is rarely a suitable option for most people, just about every estate plan includes this key document in one form or another. A will is used to designate how you want your assets distributed to your surviving loved ones upon your death.