Susan Link Quoted in Chicago Tribune Article on Succession Planning
November 24, 2014
Susan Link, head of Maslon's Estate Planning Group, is featured in a July 2014 Chicago Tribune article titled "Retirement: plan to pass on a family business." The article details the various steps involved in succession planning for small business owners, from identifying and training a successor to finding an income stream from the business in retirement.
The article notes that estate planning is an important aspect of succession planning. "Gifting shares of stock in the family business is one of the most tax-efficient methods of transferring the value of a company from one generation to the next," Susan shares.
To read the full article online, go to: Chicago Tribune "Retirement: plan to pass on a family business."
Susan Link is the head of Maslon's Estate Planning Group and practices in the areas of estate planning, probate, and trust administration. She works closely with families to plan the disposition of their assets, both during lifetime and at death, and to accomplish the optimal estate and gift tax planning for clients through wills, trusts, and other instruments. Susan routinely drafts estate plans that include disclaimer planning and credit shelter plans, in addition to drafting and implementing charitable lead trusts, charitable remainder trusts, qualified personal residence trusts, irrevocable insurance trusts, minors' trusts, antenuptial agreements, and postnuptial agreements. She is regularly involved in the analysis and issues of lifetime gifting programs, estate tax planning, and generation-skipping issues.