Essential Planning for Family Business Success

This chapter highlights the critical role of financial and estate planning in successfully managing a family business. It underscores the need for professional guidance and clear communication to mitigate risks and ensure smooth ownership transitions.

Play episode from 01:25:10

chevron_right

Transcript

chevron_right

Transcript

Episode notes

📈 Are you on track with the Baby Steps? Get a Free Personalized Plan 📱 Watch the full episode for free in the Ramsey Network app.

Rachel Cruze and George Kamel answer your questions and discuss:

"Am I wrong to feel resentment towards my sister for taking advantage of our parents?"
"I feel like I might as well have truck payments considering how much I'm having to pay to fix my current truck,"
"Is there ever an appropriate time to stop investing into retirement?"
"I'm 46 and I just paid off my house, what's next?"
"Is being outrageously giving important when it doesn't feel right?"
"We're drowning in debt and don't know where to start,"
"Should I sell my house or keep renting it out for the income?"

Next Steps:

✅ Help us make the show better by taking this short survey!

📞 Have a question for the show? Call 888-825-5225 weekdays from 2–5 p.m. ET or send us an email.

💰Hurry—Your chance to win $5k is almost over! Enter the Ramsey Cash Giveaway today!

💵 ⁠⁠⁠⁠⁠Start your free budget today. Download the EveryDollar app!⁠

🎟️ Dave Ramsey and John Delony are going on tour this month! Get tickets today

Connect with our Sponsors: