But be warned: according to a Bank of America study, while three out of four companies say they have a succession plan, fewer than 40% of businesses have actually implemented them. And just 15% of ...

Owning a family business, and planning the succession of your family business, is as much a part of the American dream as white picket fences and two cars in every garage. But is handing your ...

It is often hard to know where to start when it comes to succession planning. The following documents help family businesses and farm businesses start planning for their future. Estate planning for a ...

According to Shuring, what might be considered equal doesn’t always make sense when the succession plan involves family members who actively work on the farm and others who do not.