Succession starts with discovery: clarifying goals, identifying potential successors and setting a transition timeline. The first stage helps uncover risks and prepare the business, partners and owner’s family members for what’s ahead.
Stage 2 moves from vision to structure, starting with business valuation and exploring succession options. This stage helps align goals with strategies, establish buy/sell frameworks and prepare operations for a smooth transition.
Stage 3 is all about implementation — putting agreements in writing, coordinating documents and ensuring that funding is secure. This makes the transition structure legally and financially real, so the plan holds up under pressure.
Regular reviews safeguard the succession plan and reinforce your role as a trusted guide. This stage ensures that the business, family members and legacy remain protected over time.
Succession planning is a journey. This guide walks through 4 stages of succession planning, giving financial professionals a framework to protect clients’ businesses, strengthen relationships and identify new planning opportunities.
To help ensure a successful business transition, owners should determine whether they are financially, personally and emotionally ready. This article takes a closer look at these 3 factors.
Your business-owner clients may need help taking the first step in succession planning. This checklist provides context and lays out key actions, giving clients clarity and confidence as they begin the process. Share it to start meaningful conversations about their future.
When clients imagine stepping away from their business, they may need help thinking it through. This conversation guide helps you assess their readiness.
Many business-owner clients risk being unprepared if they don't have a succession plan. This article includes a client-facing checklist that helps explain why planning ahead matters.
Many business owners are unprepared for a smooth exit. Our white paper offers actionable insights, key stages of succession, and an illustrative case study.
A buy/sell arrangement can help ensure that your client’s business succession plan can succeed.
A well-crafted transition plan can help ensure that your client’s business successfully passes to the next generation.
Download our business valuation fact finder to help your clients start their business succession planning.
Learn how our transition plans use 5 key areas to help protect the future for your client's business and family.
Learn how a fixed indexed annuity can help protect savings.
Help clients use a fixed indexed annuity to potentially grow their assets and protect them from a volatile market.
Use term life insurance as a flexible, lower-cost way to provide coverage for farm and ranch families.
Learn how a professional estate plan can help clients create a wealth transfer plan that benefits the people and causes that are important to them.
The Land As Your Legacy® program can help reduce barriers to life insurance for farmers and ranchers.
Use our partnership guide to see how we partner with you to help farm and ranch owners create a plan for the next generation.
Learn how Land As Your Legacy® can help your farming and ranching clients.
Our client guide shares how Land As Your Legacy® and our team of experts can help ensure that your clients' agribusiness survives for generations to come.
Share our transition planning checklist to help potential clients prepare for their first meeting.
Read our white paper about various ways to transfer assets from a farm or ranch to the next generation.
View our Regional Vice President map.
Share our planning workbook with clients to help guide them through transition planning.
Share this guide to help guide your clients and their family members through discussions and decisions about the transition planning process.
Learn more about how the strength and stability of Nationwide® can help farmers and ranchers.
Share our transition checklist to help your clients have important legacy planning conversations.
Review a sample Land As Your Legacy® transition plan.
Learn how the Business Valuation Program assists clients in making strategic decisions for their business.
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