On behalf of Cook & Watkins, PLC | Sep 24, 2020 | Business Succession Planning
While you may be content to be the face of your Kentucky business, you won’t be around forever. Therefore, it is important that you have a succession plan in place to ensure that your business survives after you pass on or decide to retire. You never know what...
On behalf of Cook & Watkins, PLC | Sep 4, 2020 | Business Succession Planning
Kentucky business owners are among the many people who should look into creating an estate plan if they have not done so already. An estate plan – specifically, a document known as a succession plan that is contained within an estate plan – can be used to detail what...
On behalf of Cook & Watkins, PLC | Jun 8, 2020 | Business Succession Planning
It may be in your best interest to have a succession plan in place even if you don’t plan on stepping down from your Kentucky business anytime soon. This is because a sudden illness or other unexpected event could render you unable to effectively run your...
On behalf of Cook & Watkins, PLC | Jan 10, 2020 | Business Succession Planning
Business owners have a lot at stake when it comes to passing down their business. How will you pick the right successor? How will you ensure that your goals and values get passed down properly? Though you may be tempted to sit on it for some time, it is actually...
On behalf of Cook & Watkins, PLC | Aug 26, 2019 | Business Succession Planning
If your business has had a lot of success, it is possible that it will continue to run for many years to come, and this may extend well beyond your lifetime. If so, you deserve congratulations on leading such a huge success. As you get closer to the retirement age in...
On behalf of Cook & Watkins, PLC | Jun 25, 2019 | Business Succession Planning
For many entrepreneurs in Kentucky, running a family business is a dream come true. And most of those business owners do not want that dream to disappear even when they are gone. That is why it is critical for business owners to consider who will succeed them and keep...
On behalf of Cook & Watkins, PLC | Dec 18, 2018 | Business Succession Planning
If you become suddenly incapacitated and unable to manage your business, could daily operations continue in your absence? Business owners of any age, but especially those nearing retirement, should have a business succession plan in place. Essentially, a succession...
