Succession Planning Tools

legacy tools

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 and categorized by key topics. To view or download any tool, click on its name.


Get Started

Succession Planning Action Guide

Gauge your progress by checking off each action step as you move through the planning process.


Family Meeting Agenda

Map out your family meeting and discussion topics.


Conversation Starters

Communication is key throughout the succession process.


Succession Planning Self Assessment

These 20 statements will help you identify your key priorities and potential first steps.


Ready for Succession?

Get started by ranking your priorities.


Goals Clarification Worksheet

Take a few minutes to answer these questions, they compare to find common goals.


Selecting an Adviser

This interview guide will help you identify the best candidate to advise your family during the process.


family harmony


Family Harmony

Fair vs. Equal Exercise

This worksheet is a tool for exploration and is intended for conversation purposes only.



Financial Management

Business Plan Self Assessment

This tool is great for indentifying the strengths and weaknesses of your business plan.


Unconventional Business Planning Tool

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.


Ready for Retirement?

It is important to take time to plan for retirement. This tool is designed to help you plan.


Retirement Income and Expenses

Financial security depends on an honest assessment of what you're likely to have and need.


Long Term Care Assessment Tool

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.


Life Insurance Needs Analysis

Life insurance is designed to provide money at the time it's needed most.



financial management


Tax and Legal Issues

Buy/Sell Review

Use this review tool to review your buy/sell agreement periodically.


Operating Agreement Design Tool

This worksheet is designed to help you discuss the common issues included in an operating agreement.


Establishing a Family Employment Policy

Organize the details necessary to be included in a family employment policy.


Job Description Template

It is important to have job descriptions for each position to ensure a good fit for the best candidate.


Merger Candidate Interview Guide

Using a questionnaire with prospective merger candidates will standardize the process and prompt and informed decision.


Merger Candidate Evaluation

There are a few business issues that need to be considered about suitability of merger partners.


Trust/Will Review

Use this checklist for your trust and will review discussions.


Leadership Development

Leadership Skills Inventory

Assess potential leaders to determine areas of strength and needed growth.


Leadership Development Action Plan

Prior to addressing leadership development, we recommend that you update your business plan and operating agreement to reflect ownership transition.