ContentSuccession Planning Should Begin Immediately for a New Business

Succession Planning Should Begin Immediately for a New Business

It’s never too early to look ahead and think about how the family business should work into a living trust or will

  • By Joan Koehne
  • April 24, 2023

Filed Under

Small Business Financial Planning

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Succession Planning Should Begin Immediately for a New Business

Even on Day 1 of a new business, it’s important to start planning for the future. 

“You need some sort of backup plan for ‘just in case,’ because ‘just in case’ doesn’t wait for a convenient day to happen,” says Devin Shanley, attorney for Peterson, Berk & Cross in...

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