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Family and Business Succession Planning provides an authoritative, insider's perspective on developing solid succession plans in the wake of recent legislation. Experienced partners from law firms across the nation address common concerns raised by clients about business management and healthcare qualifications for dependent children, and also offer viable solutions for challenges presented by the planning process. These top lawyers offer specific advice on collaborating with financial experts to value a client's company, calculating tax exemptions based on estate size, and navigating clients through asset transfer negotiations. From identifying the impact of TRA 2012 on tax exemptions to incorporating flexibility into succession plans, these experts help clients navigate complex laws and stress the importance of creativity in developing trusts. The different niches represented and the breadth of perspectives presented enable readers to get inside some of the great legal minds of today, as these experienced lawyers offer up their thoughts on the keys to success within this constantly-changing legal field.