December 30, 2025 – American City Business Journals recently featured Partner William Russell on the challenges closely held business owners face in succession planning.

“You’ve hit upon the biggest issue with closely held business owners. It’s not taxes. It is how to structure and make decisions to leave their assets for the benefit of their family in a way that is going to work for their family,” Russell said. “Business owners become frozen because they can’t get all the resolution that they want within their family.”

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