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Wednesday, October 2, 2013

Grooming your successor

Plenty of family business owners plan to one day pass the business on to the kids, but not all of them give those kids enough training and experience to take over successfully. Need some tips on how to do that? Click here to read a very good article from www.getgrowingforbusiness.scotiabank.com .

2 comments:

  1. A fascinating website, extremely informative and perhaps I can find answers to my questions in near future about access to bank account statements of a deceased account holder as a first line heir which makes me the owner of the estate account. Our bank refuses to hand over such statements.

    ReplyDelete
    Replies
    1. Only the executor can get the statements until the estate has been administered and the account is handed over to you. You're the beneficial owner, yes, but the executor has to process this account first.

      Lynne

      Delete

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