Seriously-Should I Leave My Business to My Spouse or My Children?
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Seriously-Should I Leave My Business to My Spouse or My Children?
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Seriously—Should I Leave My Business to My Spouse or My Children?
Your spouse may deserve financial protection but be unqualified to run the company. Your child may expect the business but have no interest, no readiness, or no credibility with employees.
This Mic’d Up Money Reloaded episode examines spouse-versus-children succession, resentment toward the business, entitlement, blended families, disabled dependents, unpaid taxes, hidden liabilities, professional management, and when selling may be the responsible decision.
Companion playbook available at:
www.micdupmoneyreloaded.com
Educational content only. Consult qualified legal, tax, valuation, insurance, financial, and estate-planning professionals.
#BusinessSuccession #FamilyBusiness #BusinessLegacy #MicdUpMoneyReloaded