Before you call your attorney or start drafting trusts, there’s one crucial question to answer: “What’s the right order to plan your company’s future?”

In this episode, Dave breaks down why every business owner should start with succession planning, not estate planning or management incentives. He explains how the structure of your succession plan sets the foundation for gifting, taxes, family fairness, and how to protect your company’s cash flow through the transition.

Key topics:

• Succession planning must come first
• Gifting and trust strategies depend on your succession structure
• Retain and reward your management team after transition
• Balance fairness between family members in and out of the business

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• Nabity Business Advisors

At Nabity Business Advisors, we help business owners handle the “big picture” issues so they can stay focused on building for the future. Learn more at Nabity.com.