A well-considered estate plan, revisited frequently, can make the difference between a successful business succession plan ...

This story previously appeared on principal.com. The "what ifs" help you create an adaptable succession plan Owning a small business and managing stress have always gone hand-in-hand. And those ...

Farm experts share practical first steps for succession planning, including family communication and professional guidance.

While the exact statistics vary across different studies and surveys, the general consensus is that a significant portion of businesses lack a comprehensive succession plan. According to a survey ...

According to the Conway Center for Family Business, family businesses account for 64% of the U.S. Gross Domestic Product (GDP), yet 57% of family businesses have no formal succession plan. 1 While the ...

When firms wait too long to plan, they often have no choice but to hire externally. That can be damaging at the management ...

The implications to taxes, hiring and the very legacy of a financial advisor's career demand much more formal documentation than most RIAs have undertaken, experts say.

Just 13 percent of family business members in the next generation say the business would “continue to run smoothly and without interruption if an important family employee moved on, retired, or passed ...

University of Idaho Extension is surveying eastern Idaho farmers to improve farm succession planning workshops and address ...