You spend your life building your business, marketing your brand and making a name for yourself in the Oregon business world. You work hard, and you want your business and your legacy to live on well after you retire and move to the next phase of your life, or even after your death. Do you have a succession plan in place to make sure this happens?
The Stuart Scott estate litigation case on hold
Stuart Scott, the beloved ESPN anchor, died in early 2015 after losing his battle with cancer. Ever since his death, his ex-wife, his daughters and Disney have been fighting about the handling of his estate. Nearly five years into this legal battle, estate litigation in this case has been put on hold over fears that continuing on this path will leave his daughters with nothing. This case is eye-opening in many ways and a good example of what can happen if fights over estate administration, whether it occurs in Oregon or elsewhere, is allowed to drag on.
Thinking about selling your business?
There is a point in a business owner's life when he or she may consider walking away from the company. Some may choose to close up shop, while others may look at selling. Those in Oregon who are thinking about selling their businesses may find the process far more complicated and involved that they thought it would be. Thankfully, this is not something one has to do alone.
