Join us for the third episode of Cherry Bekaert’s Private Client Services podcast series focused on closely held businesses. This episode explores the complexities of estate planning, investment strategies and transitioning your business to the next generation. Hosted by Marci Spivey, Private Client Services Leader, the discussion features Mike Kirkman, Estate, Trust & Gift Tax Leader, and David Nissen, Partner, who share extensive experience guiding family businesses through these critical transitions.
Key Discussion Points
The conversation emphasizes the importance of early planning and the involvement of senior generations in mentoring future leaders. Discover strategies for transferring wealth to minimize estate tax exposure and maintain family traditions. The episode also addresses potential challenges, such as financial impacts on senior generations, family dynamics and successor readiness, highlighting the need for a long-term, well-structured plan.
Why Listen
Whether you are preparing for a business transition or looking to deepen your understanding of succession planning, this episode offers valuable guidance. Learn how to preserve wealth, minimize taxes and develop the next generation of leaders with strategies tailored to your business's unique needs.
Act Now
Cherry Bekaert’s latest podcast provides the insights needed to help you secure your financial legacy and support the ongoing success of your closely held business. For further discussion or questions, please reach out to our speakers.
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- Podcast: Unlocking Business Potential: Strategies for Optimal Valuation
- Podcast: Strategies for Closely Held Businesses: Navigating the Exit
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