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

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.