Michigan Business Beat | Ben Bakken, Tri-Star Trust Bank - Trusts, Succession & Legacy Strategies

from Michigan Business Network · host Michigan Business Network

Chris Holman welcomes back BENJAMIN A. BAKKEN, CFP®, CEPA®, Senior VP, Lansing Market Director, Tri-Star Trust Bank, Lansing, MI. Welcome back Ben, remind the Michigan business community about Tri-Star Trust Bank? Tri-Star emphasizes highly personalized wealth management and trust administration—how does that bespoke approach benefit business owners preparing for succession or sale? Tri-Star serves as corporate or successor trustee—what are the advantages of naming a trust bank versus an individual when planning a business succession? Successful succession involves alignment across financial planning, tax strategy, and fiduciary administration. How does Tri-Star coordinate these elements for smooth transitions? Beyond just continuity, many owners want their businesses to thrive after they step down. What strategies does Tri-Star recommend to business owners to preserve legacy while empowering the next generation? We'll have to have you back for more,... » Visit MBN website: www.michiganbusinessnetwork.com/ » Subscribe to MBN’s YouTube: www.youtube.com/@MichiganbusinessnetworkMBN » Like MBN: www.facebook.com/mibiznetwork » Follow MBN: twitter.com/MIBizNetwork/ » MBN Instagram: www.instagram.com/mibiznetwork/

Episode metadata supplied by the publisher feed · Published Aug 29, 2025

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Michigan Business Beat | Ben Bakken, Tri-Star Trust Bank - Trusts, Succession & Legacy Strategies

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