Creating a Succession Partnership Can Mitigate Disputes
By Joseph M. Donegan on May 29th, 2012
Succession planning for business owners with children can be difficult when deciding which child should take over the company.
Some parents find it challenging to treat their children equally when one may be better suited at business than others, according to personal finance website The Street. When faced with the prospect of multiple successors, many owners turn to business partnerships to give each of their children a stake and role in the business.
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