LibraryScenariosWhen business partners face succession planning with unequal family involvement
Scenario

When business partners face succession planning with unequal family involvement

My business partner and I built this company from nothing and now we're both in our 60s trying to figure out what happens when we're gone, but his kids work in the business and mine don't, and we haven't been honest about how unfair any succession plan is going to feel to someone. The company is basically our entire financial legacy.

Zera
Online
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More people experience this than they realize.

What we've seen

A lifetime of shared creation confronts the reality that equal partnership cannot extend beyond death when families have different stakes.

Ideas that help explain it
Worth thinking about

“Where Are You with Financial legacy — what you leave behind?”

If this sounds familiar, the Library can help you find the bigger picture.