It’s never too early for multifamily investors to start real estate succession planning. In fact, “you can’t do it early enough,” said David Diggs, Senior Regional Sales Manager at Chase.
So whether you’re close to transferring your business to family or just want to be well-prepared to one day transition leadership of your family real estate business, it’s a good time to take steps toward succession planning.
In this guide, we share best practices that can help you tackle the most common sticking points and develop a succession plan:
- Preparing next-generation family leaders for success
- Tax-planning considerations
- Making your portfolio resilient enough to thrive into the next generation
- Communicating effectively and preventing family conflict
