Recent Ontario Court of Appeal decision provides an important lesson to farming families and their professional advisors: good intentions and family loyalty, while laudable, are no substitute for clear, enforceable agreements. 05 Sep

Court Decision: Important Lesson for Ontario Farming Families

Critically acclaimed drama series "Six Feet Under" provides a cautionary tale about the pitfalls of neglecting succession planning in a family business.  24 Jul

Family Business Succession Cautionary Tale: “Six Feet Under”

Planning for a family business's future is challenging. Keeping the company within the family and ensuring its success requires careful decision-making. Discover practical strategies for effective family business succession planning to ensure a smooth transition and lasting success. 10 Jul

A Guide to Family Business Succession Planning

Estate Planning and Succession Planning— What exactly are the differences between the two? And which one do you need to plan for a secure future for your loved ones? 04 Jul

Estate Planning vs. Succession Planning

While both succession planning and estate planning involve planning for the future, they are distinct processes with different objectives. Succession planning is about the future of the business, while estate planning is about the future of the individual and their assets. 23 Jun

Preparing for the Future: Succession vs Estate Planning

Over two-thirds of small business owners plan to retire in the next two years. Without a solid succession plan in place, many of these small businesses, which have been integral to their communities for decades, will vanish. 12 Jun

Small Business Succession Planning: 2025 Statistics

Successful family business succession requires balancing emotional and rational considerations, family harmony and business performance, tradition and innovation. It demands honest self-assessment, difficult conversations, and sometimes painful decisions. 06 Jun

Mastering Family Business Succession Planning

When it comes to succession, psychological factors such as motivation and relationship dynamics are just as important as understanding the business operations and budget, experts say. 03 Jun

Succession Planning: How to Avoid the Drama

Passing the torch while preserving your family’s success— Succession planning is a critical process that safeguards the longevity of family-owned businesses. Here are 6 tips to help ensure a seamless transition... 13 May

Passing the Torch: Succession Planning for Your Family Business

When we think of Family Business Succession, we tend to picture a smooth handoff. Yet, the reality is usually fraught with disagreements, financial strain, and even emotional burnout. It takes careful planning, open dialogue, and a willingness to adapt to keep a company running across decades. 05 Apr

The Truth About Family Business Succession: Why Many Fail

Real-life family drama surrounding media mogul Rupert Murdoch offers valuable succession lessons for business owners... 03 Apr

Murdoch Family Drama Offers Valuable Succession Lessons

Family businesses are the backbone of many economies, providing financial stability and long-term wealth for generations. Estate planning ensures a smooth transition of ownership while protecting the business and the family’s financial legacy. 07 Feb

The Role of Estate Planning in Protecting Family Businesses