Author: fpaownertransitions

Why Women May Have More Risk On average, the difference between men and women’s life expectancies beyond age 65 is 2 ½ years. Women age 65 have a life expectancy of 23 more years (age 88)1. This “longevity bonus” women experience creates a greater risk for care. More than two-thirds of the long-term care population… Continue reading What Every Woman Should Know about Long-Term Care

If you Google the definition of the listening, it includes the phrase, “respond to advice or a request”. Whether it’s in our personal or professional lives, we are asked a lot of questions on a regular basis. This means that we need to listen and listen well if we want to be successful. Poor listening… Continue reading How to Listen and Listen Well

Numerous studies have shown that the most important factors that determine happiness in retirement are family, friendships and health. Good, active relationships with family and friends have been shown to boost physical and mental health. Beyond relationships and health, it’s important to have a strong sense of purpose. The people on the island of Okinawa… Continue reading The Home Stretch

Exit Planning vs. Succession Planning For business owners, terminology pertaining to planning services can be a little confusing. Many owners believe exit planning is the same as succession planning, but they are not. Succession planning is the process of identifying successors from inside the business and developing their skills and business acumen so that they… Continue reading Planning for a Business Transition

Whether it happens by design or by default, the ownership status of every business will transition and change.  Those transitions that happen by design (continual, thoughtful planning) will be smooth and rewarding.  Those that happen by default will be a mess. There are over 5.5 million family businesses in the United States and they employ… Continue reading Business Succession is Inevitable