Estate and Succession Planning

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