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Succeeding in Succession
Jan 13, 2020 | Jason David Smith
You own a business. You’ve worked hard to get it to where it is today. One day – whether in one year, 10 years, when you pass away, or at some other time– someone else will run this business. If you’d like to decide in advance who that “someone else
Cash Flow and Growth: Are you making headway? In the short term, look at after-tax cash flows in against your outflows. Review bank account statements and credit cards. For longer-term investments, contact your Wealth Advisor for a total return
You thought about succession, but lack of time, lack of interest, and focus on short-term goals stopped you. Yet you wanted to ensure your family’s wealth continues. So your money could be wealth beyond your kids. Planning to ensure it’s preserved.
The idea is that high net worth individuals can benefit from a holistic approach in which a single manager coordinates, like a quarterback, all the services needed to manage money and plan for their own or their family's current and future needs.