How is your Family Business?
Do you sometimes feel when you're working in your family business that you're feeling like you did when your children were young and fighting in the backseat of the car the whole way to a vacation destination? Or, you feel just like when you were a child and your siblings drove you crazy by touching your stuff or just generally annoying you?
There are Surprises and Threats to the future of the Family Cottage
There are Surprises and Threats to the future of the Family Cottage
Threat # 3 The inability of the heirs to collectively afford to keep the family cottage.
In literally all of my initial discussions with cottage planning clients I always ask two basic questions. First, do your children even want to continue ownership of the cottage and if so, the second question is can or will they be able to afford it?
Basic Tips for Family Business Succession Planning
The ability of a family business to successfully transition to the next generation depends on a carefully designed succession plan.
Strategic Solutions
Are you ready to solve the problems you face in your personal finances, family assets or business?