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Home » Business Succession Planning May Be Easier than You Think

Business Succession Planning May Be Easier than You Think

May 26, 2022 by Stephen Unsworth

Many Estate Planning attorneys shy away from business succession planning, but if you approach it like you do any other asset, it’s not so scary! 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. Read on to learn more.

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Stephen Unsworth
Stephen Unsworth
Stephen A. Unsworth is admitted to practice in both Vermont and Maine, and has more than 30 years of experience in estate planning and business law. His mission is to provide quality estate planning services, including assistance with Living Trusts, Wills, Medicaid Planning, Probate, Trust Administration, Powers of Attorney, Special Needs Planning, and Family Limited Partnerships.
Stephen Unsworth
Latest posts by Stephen Unsworth (see all)
  • Trustee Discretion – How to Avoid Too Much or Too Little - June 28, 2022
  • Am I Required to Accept an Inheritance? - June 16, 2022
  • How Do I Choose the Right Trustee? - June 9, 2022

Filed Under: Legal Education, Attorney, Business succession Tagged With: Estate Planning

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