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You’ve worked hard building and growing your dealership over the years. And you want to see it thrive after you’ve passed it on to the next generation of leadership. How do you make sure this happens smoothly and that all of your intentions are fulfilled?

Key Takeaways

  • A well-thought-out succession plan plays a vital role in protecting the value of the dealership and maximizing your wealth in a transfer of ownership.
  • Succession plans are frequently integrated with estate plans to ensure family interests are taken into account.
  • A team of experienced, seasoned legal, tax, and estate professionals can get you past all the obstacles and help your dealership prosper after a transition.