I’m too busy to plan. Who is going to manage the process through to completion?
Published: April 27, 2011
In our experience many business owners and entrepreneurs feel that they cannot devote enough time to their legacy and business succession planning because of a hectic business and social schedule. Although often true, lack of time may be only a symptom of the real issue. These people are often surrounded by competent advisors and have reviewed alternative strategies to help reduce taxes, transfer wealth or plan for succession. However, the various tax strategies may not be part of a comprehensive plan meant to accomplish their personal objectives. Furthermore, there may not be a system for follow-up to keep the project moving. At WealthPoint, we perform two vital functions: 1) We work with our clients to help them crystallize their objectives relative to their family, business and charity, and most importantly, we get our clients to take action. 2) We relieve the business owner of managing the process and take responsibility for making sure the job gets done.
