This is the third part of a six-part series focused on planning and implementing a successful succession strategy. The series focuses on a business-owning couple—William, 63 and Susan, 60—along with their three children: Nancy, 28; John, 25 and Amanda, 20. While this family is fictionalized, its members represent the clients and issues I have worked with extensively over the course of the last two decades. The first part told William and Susan’s origin story. The second focused on building a governance plan that insures the right people are making the right business decisions. Q3 2022 hedge fu…
