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Thursday, July 22, 2010

A family business succession plan success story

This is an upbeat (not all estate planning articles are gloomy!) article about a family business successfully passed on to the next generation, with some thoughts about how to achieve that goal. Click here to read this story in the National Post.


  1. Indeed a very interesting succession story. Mr. Woit's case is an alternative perspective to the mainstream narratives where family conflicts and rivalries hamper the transition from one family member to another. The strong family bond served as a good mechanism to help them in effectively running their business.

    Today when passing leadership, companies consult an estate lawyer. In Ottawa, their expertise are needed in making the transition a legally binding process. An
    estate lawyer (Ottawa and other parts of the world) are usually consulted for issues like wealth management and succession.

    Hope to read more positive succession stories in the future. Thanks!

  2. Glad you enjoyed it Mike. I too like to read success stories and good news. A lot of news surrounding estate planning and elder law is just plain depressing, so some positivity goes a long way.


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