Glossary

A B C D E F G H I K L M N O P Q R S T U V W Y
Glossary Index / Family Succession

Family Succession

In family successions or retirement transitions, ownership transfers from passive owners to active family members or outside shareholders. Advisors who help with family succession are particularly sensitive to estate planning issues, family business dynamics, and the need for discretion and trust to make these transactions seamless and successful.