Succession planning works best when it supports both leaders stepping into new roles and those stepping away from long-held ...

3. Absence of a succession plan: Many family businesses do not have a formal succession plan. This can lead to significant ...

Going beyond succession, retiring advisors should prioritize building a safety net to protect their practice, staff, and ...

Here are action steps for you to take. Block out two hours tomorrow morning for documentation. Schedule a meeting with your financial advisor. Create a digital succession planning folder. List ...

An ag attorney says it’s important to take the first step in succession planning. Michelle Adler is an attorney with Gordon ...

When historians look back at Joe Biden’s presidency, they will see failure wrapped in good intentions, marked most poignantly ...

Succession planning is no less important for key government positions than for corporate leadership. However, as RBI’s case ...

What really fuels a successful business partnership? Partnerships are crucial for success and they allow professionals to tap ...

The purpose trust owns the voting and control rights of the operating company. It replaces the human owner with a non-human ...

This marks a huge opportunity for RIAs. Reworking incentive plans will help hire, cultivate and retain the best talent, as ...

A commercial agriculture educator with the University of Illinois Extension says many farming operations lack sufficient ...

Preserving wealth across generations demands more than just naming heirs—it’s a meticulous process involving legal, financial, and strategic planning.