What is succession planning for business owners? How does this affect the short and long-term interests of your company and its value? Why should you be concerned about succession planning if you own ...

As the “silver tsunami” peaks in 2025, a significant wave of New Jersey’s baby boomer business owners will reach retirement age, prompting critical succession planning decisions. Will their children ...

Transferring your family business into the hands of a new generation is an exciting opportunity for growth. But with that opportunity also come legal considerations that are crucial to the ongoing ...

Samuel M. DiPietro of Spencer Fane discusses unique estate planning challenges of business owners of the Baby Boom generation ...

“How in the world do I sell my business?” Having heard this question asked numerous times and numerous ways, by business owners and professionals, my short answer is that we need to develop a plan.

As part of NJBIZ’s latest virtual panel, participants discussed how family businesses can survive and thrive across multiple generations. Earlier this month, Trump signed into effect sweeping tax and ...

Succession planning is fraught with potential missteps. By examining common mistakes, businesses can employ proactive measures to sidestep pitfalls that have ensnared others. Delaying the Planning: ...

"As a preliminary matter, family leaders need to decide whether the mission of their business is solely to maximize profits and value for the family’s benefit or is it broader: to not only provide ...

Succession planning is something you may assist your clients with, but consider how much thought you've given to the future of your own business. When it comes to succession planning for financial ...