passing the torch: keeping the peace in succession planning.
The Business of Family
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Navigating Estate Litigation in Family Businesses
This chapter explores the complexities of estate litigation in the context of family businesses, focusing on will challenges and power of attorney disputes. It highlights the importance of proactive estate planning and open communication among family members to prevent misunderstandings and disputes. The discussion also emphasizes recent legal developments, such as the substantial compliance provision, and their impact on estate planning practices.
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