Do you have an exit strategy? Estate and succession planning for business owners

Exit strategies are important.  Whether it is an uncomfortable social gathering on a Tuesday night or your retirement plan, having a departure strategy allows you to move forward with confidence.  One of our good friends shamelessly “smoke bombs” at exactly 8.18pm from virtually every event he attends – it is an exit strategy that works for him.  Estate and Succession planning allows business owners to give certainty to their families and business partners about their departure plans.

News round up – Estate Planning

Recent national news stories have put the issue of estate planning into the spotlight. These articles highlight generally the critical importance of appropriate estate planning for Australian adults of all ages.

It is time to review your estate plan

Plan for this world as if you expect to live forever; but plan for the hereafter as if you expect to die tomorrow. – Solomon Ibn Gabriol

Estate planning is critical for anyone who has a family and anyone who has assets. The estate planning process ensures that in the event of death or incapacity, decisions are made by the people that you have chosen, and assets are dealt with in the manner you decide.