We view each client’s business as a very important asset in their family’s overall financial portfolio. As such, we believe that it is critical for our clients to plan to maximize the value of this asset within the context of their succession plan, or to protect the value of this asset from estate and gift taxes if the plan is to transfer it to their children. The sooner in the life cycle of the business that this planning process begins, the sooner the groundwork can be laid to carry out the plan. And because the short and long-term strategies for succession planning differ greatly depending on which exit strategy is contemplated (i.e. acquisition, initial public offering, internal buyout, transfer to children, etc.), we believe that business succession planning cannot begin early enough.