Partner,Skarlatos & Zonarich LLP
President, Venture Exit Partners LLC

Merriam Webster's Dictionary of Law defines "entitlement" as a right to benefits that is granted especially by law or contract. Although there is no law or contract that grants benefits to the family of a business owner, there is no denying the sense of entitlement among the parents and their children.

Do you have a plan to exit your business on your terms?  We can help you prepare by examining all areas including: financial, management and legal. 

You may want to consider the following from a recent PricewaterhouseCoopers Family Business Survey for 2007/08:

"..While many entrepreneurs happily devote their time and energies to building a business, they pay less attention to what will happen when they are no longer running the show. They find it difficult to address issues like illness, incapacity, retirement and death, and therefore postpone dealing with such problems..."