The most successful wealth succession plans prepare the family for the transfer of wealth while promoting family harmony.

Some representative issues in succession planning include:

1. Developing the advisory team.
2. Promoting family communications.
3. Assuring a secure retirement for the older generation.
4. Efficiently and fairly distributing assets to the next generation(s).
5. Retaining control of assets until the next generation is ready.
6. Passing control to maximize family benefits.
7. Providing safeguards to minority owners.
8. Minimizing estate, gift and income taxes.
9. Developing a family LLC
10. Investment training for younger generations.
11. Instilling Family Values.
12. Charitable Giving.