LOCKHART Business Advisors provides effective and practical estate planning services to the owners of privately held businesses. We play a critical role in educating and assisting clients put an effective estate plan in place; often in conjunction with accredited law specialists.

This is not the domain of just the wealthy. Clients who may need an estate plan include those:

• Wanting to ensure a specific distribution to beneficiaries
• With more than $2 million in assets
• Where care & maintenance of children is important
• With blended families 
• With relationship tensions within the family

The dangers of not having an estate plan include:

• Your estate not being distributed in accord with your wishes
• Increased risk of litigation with your estate diluted by legal costs
• Minor children not being properly looked after
• Significant and unexpected tax issues

Here's what one of our clients had to say:

"We couldn't be more thankful for the exceptional support Wayne provided our family during a critical time. Navigating the ins and outs of passing down farm assets across generations was no small task, but Wayne made the process feel much more manageable. He offered valuable insights into numerous approaches and expertly navigated the tax implications, which were crucial to the outcome. However, the most important contribution was his steady hand and calming influence, ensuring everyone involved felt heard and respected, leading to fair compromises that worked for our entire family. By relying on Wayne's expertise, we avoided the hefty costs of legal battles and, more importantly, kept our family ties strong. For anyone seeking someone experienced in navigating inter-generational farm asset transfers, Wayne is the person you want by your side."

Succession Planning Client

July 2025