Secrets to Selling Your Business

Ep 65: The Entrepreneurial Spirit in Business Succession Planning

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Stan Miller, a Vanderbilt Law School graduate, discovered his passion for estate planning after initially hesitating due to the family disputes he observed during his legal education. His enthusiasm was rekindled by the transformative potential of living trust planning, which revealed the profound, positive impact well-crafted estate plans can have on families. Stan's approach to estate planning goes beyond mere financial considerations, as he emphasizes the importance of passing on values and creating lasting legacies for future generations. Through his work and writings, like "Your American Legacy," he advocates for strategic estate planning that not only maximizes benefits and minimizes harm but also ensures a meaningful transfer of wealth and values.



Here’s what to expect this episode:

  • Estate planning can have a profound impact on families by helping pass on values effectively.
  • Effective tools and strategies are needed for implementing important values along with wealth transfer.
  • Becoming irrelevant to the business before selling it is crucial for long-term success and avoiding post-sale complications.
  • Entrepreneurial opportunities in the US are significant, emphasizing innovation and risk-taking for societal progress.

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    Connect with Stan Miller:

    https://www.linkedin.com/in/stanmillerpinnacle/

     

    Connect with Jacob Koenig:

    https://www.linkedin.com/in/jacobkoenig/

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    Secrets to Selling Your BusinessBy Jacob Koenig