For our clients who are owners of privately held businesses, a key part of estate planning focuses on Business Succession Planning. Recognizing competing interests among family members and other stake holders, we will assist you in assessing the advantages and disadvantages of various business succession options, minimizing the negative impacts of a transition, and assuring harmonious long-term family relationships.
If you are currently a StanleyCo client, our one-to-one relationship with you means we are already familiar with your financial information and details regarding your business interests. If you haven't worked with us previously, you will be pleasantly surprised at the valuable benefits of establishing a relationship with StanleyCo.
What is Estate?
Your estate is simply everything you own--your home, properties, bank accounts, investments, businesses, insurance policies, collectibles and personal belongings.
What is estate planning?
Estate planning means the plan for the orderly handling and administration of an estate upon the death of the owner. This usually involves drawing up a will and setting up trusts and insurance, with the intention of minimizing loss to the estate value incurred by administrative expenses & preventing the courts to have control over your assets and decisions.
Estate planning would usually involve writing a will and setting up of trust; Let us explore these estate planning tools in further details: |
