A family focused on taking constructive action will achieve succession planning success. To aid in the process each step of the way, these tools may help. They are listed in the order of anticipated use. To view or download any tool, click on its name.
Gauge your progress by checking off each action step as you move through the planning process. (Download PDF)
Map out your family meeting and discussion topics. (Download PDF)
Communication is key throughout the succession process. (Download PDF)
Take a few minutes to answer these questions, they compare to find common goals. (Download PDF)
This worksheet is a tool for exploration and is intended for conversation purposes only. (Download PDF)
This interview guide will help you identify the best candidate to advise your family during the process. (Download PDF)
These 20 statements will help you identify your key priorities and potential first steps. (Download PDF)
Get started by ranking your priorities. (Download PDF)
This tool is great for indentifying the strengths and weaknesses of your business plan. (Download PDF)
One aspect of effective succession planning and leadership development is to fit the best candidate to each operational role, and ensure that everyone involved is clear about the position’s qualifications and expectations.
Use this review tool to review your buy/sell agreement periodically. (Download PDF)
This worksheet is designed to help you discuss the common issues included in an operating agreement. (Download PDF)
Organize the details necessary to be included in a family employment policy. (Download PDF)
It is important to have job descriptions for each position to ensure a good fit for the best candidate. (Download PDF)
Using a questionnaire with prospective merger candidates will standardize the process and prompt and informed decision. (Download PDF)
There are a few business issues that need to be considered about suitability of merger partners. (Download PDF)
Assess potential leaders to determine areas of strength and needed growth. (Download PDF)
Prior to addressing leadership development, we recommend that you update your business plan and operating agreement to reflect ownership transition.
(Download PDF)
It is important to take time to plan for retirement. This tool is designed to help you plan. (Download PDF)
Financial security depends on an honest assessment of what you're likely to have and need. (Download PDF)
Long term care insurance is just one part of a family’s contingency plan. It’s critically important to work with your succession planning professional for assistance in determining how it fits into your overall plan. (Download PDF)
Life insurance is designed to provide money at the time it's needed most. (Download PDF)
Use this checklist for your trust and will review discussions. (Download PDF)
