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Business Succession Planning
May 1, 2018 @ 10:00 am - 11:00 am|
All business owners should be prepared for the unexpected. Business succession isn’t just about retirement, but also planning for passing the business on to the next generation.
Is that sufficient? It’s a topic a lot of business owners don’t think about. Retirees assume their kids can just take over, but it’s not that simple. If not planned for accordingly, the next generation can end up with a huge tax bill. Or if one owner dies, the other owner has to pay their heirs. This is what succession planning is about!
We will be providing insight into all these areas including the legal aspects of business succession. Join First Commonwealth Bank on Tuesday, May 1 for a brief discussion at the library.