• The Hard Work of Business Transition: The Best Way Out is Always Through

  • Jul 1 2024
  • Length: 10 mins
  • Podcast

The Hard Work of Business Transition: The Best Way Out is Always Through

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  • Summary

  • Long-term financial planning considerations, family legacy concerns, income and estate tax ramifications, transaction structuring, community and workforce impact, legal documentation, along with the reality—and finality—of “letting go” typically make a business transition one of the most difficult things a business owner will ever do. Listen as Stuart Smith III, national director of Business Value Strategies for Wilmington Trust’s Emerald Family Office & Advisory®, discusses how a business owner may successfully navigate the final stages of a business transition.
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