Helping Families Preserve and Protect Assets and Values
Succession Planning vs. Exit Planning
Sat, 12/27/2008 - 23:53 — dougvann
With the recent buzz about Baby Boomer business owners preparing to leave
their companies within the next few years, there can be confusion about the
different terminology used for this planning concept. For instance, many people
believe that succession planning and Exit Planning are one within the same
and can be used interchangeably when talking about owners who are in the
process of leaving their businesses. However, this misconception can end up
leaving you unprepared for one of the biggest financial events of your life.
| Attachment | Size |
|---|---|
| bei issue 138(1).pdf | 61.87 KB |
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Henry C Weatherby and Jeffrey S. Rivard are members of NAELA, the National Association of Elder Law Attorneys