In my many conversations with manufacturing industry leaders, succession planning consistently emerges as a critical challenge. When business owners start thinking about succession, it’s often because ...

When the head of a farming household dies without a valid will, the consequences extend well beyond personal grief. The ...

You are able to gift 5 more articles this month. Anyone can access the link you share with no account required. Learn more. STATE — In Maine, senior farmers aged 65 or older operate about 30% of the ...

Only about one-third of family-owned businesses have a concrete succession plan, highlighting the risks of internal conflict and instability. Rupert Murdoch’s succession woes underline the importance ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. Succession planning is essential for business owners, art collectors, and ...

Succession planning is fraught with potential missteps. By examining common mistakes, businesses can employ proactive measures to sidestep pitfalls that have ensnared others. Delaying the Planning: ...

STEP, the professional body for trust and estate practitioners, has published its STEP Barometer 2026: Global trends in ...

Even modest estates can trigger significant inheritance tax liabilities – but the earlier you plan, the more options you have ...

Integrated estate and succession plans ensure a much better outcome for business owners keen to secure their legacy. Here's ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Transitioning a family-owned business to the next ...