Your business is a family asset (not the other way around). Succession isn’t a one-time handoff — it’s a season of mentoring, ...

Often, much of a business owner’s wealth is comprised of their ownership interest in the business. Therefore, integrating the business succession plan into an overall estate plan that preserves family ...

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 ...

When it comes to succession planning, I believe it’s never too early to start. In fact, nine times out of ten, people should ...

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 ...

If you’re the owner of a small or mid-size business, chances are your company represents a large portion of your net worth. That’s especially true for many Baby Boomers like me. Over the past few ...

For financial professionals working with business owners, navigating the intricacies of succession planning can be daunting. That’s why Allianz Life Insurance Company of North America (Allianz) has ...

Many small business owners (SBOs) have spent decades building something remarkable — a company shaped by their fingerprints on every decision, their values in every interaction and years of sacrifice, ...

Choosing the right board of directors can help avoid messy succession battles.

Years ago, the owner of a small insurance firm that was about to change hands came to the law office where Jere Doyle was practicing at the time. The business owner "had the terms written down on a ...