New Jersey Estate Planning Lawyer Christine Matus Publishes Informative Article on Business Succession Tools

October 04 16:04 2023
New Jersey Estate Planning Lawyer Christine Matus Publishes Informative Article on Business Succession Tools

New Jersey estate planning lawyer Christine Matus ( from The Matus Law Group has recently published an insightful article titled ‘Estate Planning Tools For Business Succession.’ The article shines a light on the critical aspects of estate planning and business succession, offering valuable guidance to family business owners.

In the opening paragraph, the renowned New Jersey estate planning lawyer explains that estate planning tools serve various purposes, including asset protection, beneficiary designation, and Medicaid qualification. The lawyer emphasizes that such tools become even more invaluable for business owners who need to integrate estate planning strategies into their business succession plans.

The New Jersey estate planning lawyer elaborates the importance of succession planning within family-run businesses. She discusses various factors that should be carefully considered, including balancing authority, embracing the perspectives of the next generation, strengthening intergenerational unity, cultivating trust, and developing readiness guidelines.

“Family business transitions are not just about handing over authority. They involve establishing timelines, responsibilities, and trust,” Matus explains. “By involving the next generation early and fostering transparent conversations, they can enhance the chances of a successful transition.”

The article also highlights the need for early succession planning, especially for family-owned businesses. Matus shares that studies indicate a higher chance of business survival when succession plans are developed early. She encourages business owners to choose their successors wisely and in a timely manner, even if they do not plan to retire soon. “Planning ahead provides enough time to train and evaluate the successor, ensuring a better fit for the role and a smoother transition,” Matus advises.

Matus introduces some common strategies that business owners can employ. She explains how creating a trust can help mitigate business succession challenges. Matus also proposes the idea of appointing multiple trustees or a trust protector to make decisions if the chosen successors lack required experience.

The article is a reminder about the importance of creating an estate plan. “An estate plan provides peace of mind and prepares individuals for the future,” she says. 

To ensure a seamless transition of the family business, readers are encouraged to read the full article. It will be a valuable resource for those looking to safeguard their business legacy while navigating the complexities of estate planning and business succession.

About The Matus Law Group:

The Matus Law Group is a trusted law firm based in New Jersey, known for its commitment to providing personalized legal solutions. Led by Christine Matus, the firm offers a wide range of services in estate planning. With a deep understanding of the unique needs and challenges faced by business owners, The Matus Law Group is dedicated to helping clients secure a thriving future for their businesses. The firm believes in creating tailored strategies that safeguard the legacy of clients, ensuring the protection of assets, and facilitating a smooth business transition for generations to come.


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Company Name: The Matus Law Group
Contact Person: Christine Matus
Email: Send Email
Phone: (732) 785-4453
Address:125 Half Mile Rd #201A
City: Red Bank
State: New Jersey 07701
Country: United States