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Warding Off Analysis ParalysisWarding Off Analysis Paralysis
Successful family business succession planning requires estate planners to simultaneously navigate the difficult waters of overcoming family dynamics issues and executing an effective and tax-efficient estate plan for the senior generation. Unfortunately, the complexity and multi-disciplinary nature of family business succession discourages many estate planners from focusing on this important and
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David Thayne Leibell & Daniel L. Daniels
Successful family business succession planning requires estate planners to simultaneously navigate the difficult waters of overcoming family dynamics issues and executing an effective and tax-efficient estate plan for the senior generation. Unfortunately, the complexity and multi-disciplinary nature of family business succession discourages many estate planners from focusing on this important and underserved segment of potential clients. That's a shame, because the scope of the family business industry is huge and its estate and succession planning needs are extraordinary.
We've all heard the family business statistics before, but they're worth repeating.1 Approximately 90 percent of U.S. businesses...
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