The Difficulty of Succession Planning

Andrew Keyt is an internationally known family business strategist and succession planning expert. On June 1st, 2016, the Wall Street Journal published an interview with Mr. Keyt that highlights some very honest difficulties of succession planning for businesses. Mr. Keyt answers questions on how Millennials could impact the future of America’s family owned businesses, the debate on whether or not to keep a business in the family, and the difficult conversations that come with deciding the future of your business. To read more about this article, click here.     Keith Baldwin is a business transactions and securities lawyer with a forty year history of serving clients’ legal needs. Keith focuses his practice on business relationships, including mergers and acquisitions, agreements among owner-entrepreneurs, and best practices for corporate governance. Keith can be reached via email at keithbaldwin@dwt.com or directly at 425.646.6133.