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Make sure to prepare for successful succession

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Moore, Byron 2016.jpg

Question: What exactly is a succession? I’ve heard the term but I don’t really know what it is. I know it has to do with what happens when someone dies. Is it required? If a spouse dies, how long do you have to file one?

Answer: One of the big rules in life and law is that you can’t take it with you. The dearly departed may go to their reward, but all that stuff they amassed while they were here — they leave that all behind. And someone has to own it.

That’s the big idea behind succession.

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