In This Episode:
“I am only leaving feet first”
In today’s episode, Kathy and I talk about retiring as the leader of a family business. Many family business leaders consciously or unconsciously decide they are going to retire “feet first.”
We discuss the many problems this creates AND several solutions.
Solutions include:
- Development a succession and estate plan
- Answer this question: “What could I do next?”
- Set the Rising Generation up for Success
- Communication and Conversation
- Role of a Professional
- Many more…..
Questions I ask Kathy:
- Let’s talk about this expression- What does it mean?
- What does it look like in a family business context? (what is the problem?)
- Why is this a problem?
- What, from your experience, is the solution?
- Why is this the solution?
- How can we find you?
In this episode:
“I’m too busy to think about retirement!”
We discuss the many problems not talking or planning for your retirement creates AND Kathy highlights several solutions.
Including:
-
- Development a succession and estate plan
- Answer this question: “What could I do next?”
- Set the Rising Generation up for Success
- Communication and Conversation
- Role of a Professional
- Many more…..
Enjoy!
Guest Bio:
Kathy Boyle is the founder and president of Chapin Hill Advisors, Inc. The firm offers succession, business, estate and personal planning to family owned businesses and high net-worth families. With a focus on succession planning for family owned firms, Chapin Hill helps business owners and families identify risk and create strategies to allow the family and business to flourish. Our advisors assist clients in identifying if they wish to sell or transfer their business and to create a pathway to success.
Kathy is a regular commentator and guest on national television and radio shows such as Bloomberg Radio and TV, Fox Business Network, Yahoo Finance
Located in Westchester, NY, the firm works with firms across the United States as well as those with an international presence. Chapin Hill introduces experts on an as-needed basis to their clients to assist in execution of recommended strategies.
Kathy is a regular commentator and guest on national television and radio shows such as Bloomberg Radio and TV, Fox Business Network, Yahoo Finance and Market Watch radio. Kathy has also been interviewed extensively for various publications such as the Wall Street Journal, Elle Magazine, the Chicago Tribune and others.
How to find Kathy:
kboyle@capinhill.com
Resources From This Episode:
“Is this a Gift” Blog Post
2019 PwC Family Business Survey
Mitchell Kaneff’s “Taking Over” Episode
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