Experience shows that making appropriate arrangements to pass on the family business requires many years of lead time. Planning includes not only the date that you wish to retire, but also tax considerations, financial aspects, training of replacements and business continuity issues. If you are counting on the sale of your business to provide retirement resources, early planning (10 to 15 years ahead) is critical.

Please contact your accountant at Harvey, Lister & Webb Incorporated to discuss the possibilities.

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