Private Client Services Partner Vanessa Maczko and Corporate Partner Jack Sousa share insights on estate planning strategies tailored for business owners, with a focus on succession planning for both family-run and non-family enterprises. Their discussion touches on the value of structuring ownership through voting and non-voting shares to strike a balance between control and marketability. They also explore liquidity planning tools, such as life insurance, that can facilitate smooth ownership transitions in the event of a member’s passing.
Navigating the Business Life Cycle
