I founded my own business and two of my children have already become involved in the day to day operations. Do I really need to think about business succession planning?

Yes.  Succession planning is not just about preparing a will or a trust.  It is not even about deciding who will run the company when you die.  Succession planning documents can provide the protection your company needs to combat business risks, but they can also protect your estate against any future estate taxes.  Further, it is equally as important that you, the benefactor, are protected during your lifetime.  Succession planning works hand in hand with estate planning to provide that protection. 

Do You Need The Guidance Of An Experienced Estate Planning Attorney?

If you find yourself thinking more and more about how to preserve your assets for your family you should speak with an experienced estate planning attorney as soon as possible. Contact us online or call our Dallas office directly at 214.559.7202.

Lori Ashmore Peters
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Helping Dallas area families with all of their legal Estate Planning, Probate and Business Planning needs.