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Avi Z. Kestenbaum & the Family Business Succession Planning Crisis: A Call to Action
Reproduced Courtesy of Leimberg Information Services, Inc. (LISI) at http://www.LeimbergServices.Com
By: Avi Z. Kestenbaum
The statistics are shocking and sobering. Very few family businesses successfully transition to the next generations. Estate planners may be unaware of the true reasons for this and therefore may be unable to properly help our clients.Avi Z. Kestenbaum provides members with commentary he refers to as “a call to action” in a complicated and critical area that he believes hasn’t received sufficient attention.
Loretta Gastwirth is a member of Meltzer Lippe’s Litigation Group. She discusses why even listening to a new idea bespeaks great caution to any business owner lest he/she be accused of misappropriation.