With the largest generational wealth transfer in history happening now, understanding and implementing effective transition ...

Commentary Special Sections Succession Planning: Prenups and Postnups as Divorce and Estate Planning Tools 8 minute read February 14, 2024 By Kenneth Horoho Jr. Robert Weinberg ...

These tools can also be applied to succession planning by anticipating the organization’s future leadership needs and what types of skills will be most important, as well as predicting which ...

A business succession plan outlines the transition of leadership and ownership within a company, ensuring that it continues to thrive even as key individuals step down.

Business succession planning should be a comprehensive strategy that is an integral part of your estate plan to safeguard your entrepreneurial legacy, provide financial security for your family ...

Succession planning is crucial to ensure that your business continues to thrive long after you've passed the torch. A well-structured succession plan can provide stability, preserve the value you ...

Without a set succession plan, a large number of these firms around for decades could disappear sooner. The data also reveal that just 30% of small businesses successfully sell, meaning 70% don ...

WHY SUCCESSION PLANNING IS NEGLECTED There are many reasons for neglecting proactive succession planning. Some CEOs, like Logan Roy, simply do not want to acknowledge that they can be replaced ...

Kestra’s research, Bridging the Gap: Addressing Succession Misalignment Between G1 and G2 Advisors, identifies three key barometers for evaluating the strength of a succession plan and the level of ...

Through strategic succession planning, companies can minimize the chances of key tech leadership roles going unfilled, which could cause them to lose their competitive edge.