Experts share top business succession planning mistakes, overlooked tax impacts, and why early, strategic preparation is key ...

Raj Bhatia, private wealth advisor with Merrill Private Wealth Management, recommends that advisors set aside at least three to five years to ensure a successful succession plan.

The percentage of super wealthy families globally that has a will or estate plan in place inched up to 53% this year from 47% ...

Succession planning isn’t just about a final chapter — it’s a strategic part of your business journey. It’s about setting up your company to succeed with or without you. And as Stephen ...

Financial advisors face twin business challenges that are difficult to accomplish at the same time: succession planning and generational retention of clients. On the one hand, the veteran advisor ...

Warren Buffett says the time has arrived to begin the CEO succession plan for Berkshire Hathaway. The 94-year-old investing legend plans to hand over the position to Berkshire's vice chairman ...

Campbell says one goal of creating a succession plan, trust, will, guardianship and other legal documents is to limit the involvement of the South Carolina Probate Court. “If you haven't handled ...

Warren Buffett just delivered a masterclass in succession planning with his own theatrical flourish, balancing his desire for a smooth departure and his taste for high drama. The famed investor ...

According to Deloitte’s 2Q 2024 North American CFO Signals survey, about one quarter of 200 CFOs say that their companies do not have a formal CFO succession plan. Interestingly, almost one ...

The former PKR MP says a proper post-Anwar Ibrahim succession plan should include big names like Nurul Izzah Anwar, Rafizi Ramli and Saifuddin Nasution Ismail. Former Batu MP Tian Chua criticised ...

Luckily for Berkshire backers, Buffett spent the past few years succession planning. Greg Abel, the company's vice chair of non-insurance operations since 2018 and the chair of Berkshire Hathaway ...