A well-structured trust is often a central estate planning tool for small businesses and closely held family business owners ...

One of the most well-known families in Sioux Falls is telling its story of business succession. Dave and Ryan Austad were the subjects of a webinar hosted by the Prairie Family Business Association, ...

Ensure smooth business transitions with these three strategies to maximize operational excellence, financial strength and ...

Clients have difficulty letting go of their “baby,” the family business, with even the second and third generations remaining ...

The ruthless power plays and acidic one-line exchanges in HBO’s Succession offer some intriguing marketing lessons including ...

A trio of business leaders shared ideas and experiences in business succession during a panel discussion in Holmes County.

If you're an entrepreneur, running a successful company will likely be among your most cherished achievements. You have built ...

The purpose trust owns the voting and control rights of the operating company. It replaces the human owner with a non-human ...

Fans of the series “Yellowstone” are familiar with the drama. A long-held family ranch, under attack by those who want to take the land. A close-knit, yet often dysfunctional, family forced to take ...

Succession planning is one of the most critical yet often overlooked aspects of owning and operating an automotive dealership ...

Imagine that, out of the blue, your top executive resigns and your company is left with the urgent task of finding a capable ...