Frequently Asked Questions:

What does personal financial planning have to do with business succession planning?

What is the best way to deal with estate taxes?

Is probate really something to be concerned about?

Why do I need written Stockholder Agreements when I am passing my business to my children?

My children are bickering and quarreling. This frustrating behavior weakens my confidence that they can work together. How should I deal with family dissension or acrimony?

I already have an attorney and an accountant. What can The Rawls Company do for me?

One of my children works in the business and the others are employed elsewhere. How can I pass the business on to my active child and still be fair to the rest of my children?

My daughter is graduating from college and expects to take a position in our company. How do I include her without upsetting my current management team, which includes my son?

One of my children has a drug problem. Does this preclude him or her from being a successor?

My parent (or partner) is ready to retire and wants me to buy out his interest in the business. Are there any alternatives to paying all the income tax and then the estate tax created by a buy out of his interest?

What happens if circumstances change within my business or family? Can I adjust my succession plan?

I do not have any children or viable family members to succeed me. Are my only choices to sell when I am ready to retire?

Are there any programs available that can encourage key managers to stay with me and help build my business, even bridging the gap as my successor children develop, without giving away or selling stock to them?