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As a small business owner or entrepreneur, you have invested time, energy, and resources into building a successful business. But have you considered how your business fits into your broader estate plan? 07 May
  • by Estates Gone Wrong
  • Curated Content, Succession Lessons

Estate Planning for Business Owners: A Step-by-Step Guide

Succession planning is an essential component of protecting the continuity of your business. If done right, it can also support the success and harmony of your family's long-term well-being. 01 May
  • by Estates Gone Wrong
  • Curated Content, Succession Lessons

Passing Down Your Business to The Next Generation

Family Business Succession Planning: A Canadian Guide 05 Apr
  • by Estates Gone Wrong
  • Curated Content, Succession Lessons

Family Business Succession Planning: A Canadian Guide

Looking to transition your business to the next generation? Many entrepreneurs have learned the hard way, simply having adult children or relatives that could potentially run the family business is no guarantee that the transition will go smoothly. 24 Jun
  • by Estates Gone Wrong
  • Curated Content, Succession Lessons

Do Your Kids Really Want to Take Over the Family Business?

One thing can be gleaned from these four examples: no matter how big or successful the company, a smooth transition of power from one generation to the next can never be taken for granted. 24 Oct
  • by Estates Gone Wrong
  • Curated Content, Succession Lessons

When Succession Goes Awry: Four Famous Examples

There are significant risks to consider when transferring a business to the next generation. Here is some advice to drastically improve your chances of succession success... 06 Dec
  • by Estates Gone Wrong
  • Curated Content, Succession Lessons

Family Business: Setting The Next Generation Up To Succeed

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Recent:

While having an estate plan in place to provide for your possible incapacity and death is important, many people also look for a way to pass down their knowledge, values and memories. This can be done through a non-legal document called an Ethical Will...

Creating an Ethical Will: a Legacy Letter for Your Loved Ones

Long-Term Care (LTC) is expensive, unpredictable and often prolonged. The projected “great wealth transfer” may therefore become far more concentrated among families who are wealthy enough to absorb years of care costs without exhausting their assets.

US Long-Term Care Costs ‘Eating into’ Family Wealth

By the time a family sees the fall or the diagnosis, they are seeing the tip of an iceberg. The decline underneath it started much earlier. That earlier stretch is where families still have real choices.

Five Most Common Signs of Decline in Aging Parents

Estate trustees (Executors) have a duty to keep accurate records of estate assets and transactions throughout their administration and to account to beneficiaries at appropriate intervals.

Keeping Meticulous Records: Practical Tips for Executors

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