Succession isn’t just about the family business

Most of us think succession is just about the family business. That’s hardly a surprise – after all, succession in family businesses is a frequent focus of this blog. But succession can – and indeed should – also be about families’ assets outside their businesses, such as equity, bond and real estate investments.

There are various ways to help with the succession of assets. One is to consider a family limited partnership, which can hold investment assets outside the family business in an effective and an efficient way.

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