{"href":"http://player.captivate.fm/services/oembed?url=http%3A%2F%2Fplayer.captivate.fm%2Fepisode%2Fd010796d-07de-4e23-ab52-fe5ad2679c4d","version":"1.0","provider_name":"Captivate.FM","provider_url":"https://www.captivate.fm","width":600,"height":200,"type":"rich","html":"","title":"Financial Planning Strategies For Small Business Owners with Chris Berens","description":"Chris Berens, Trust Officer-Vice President at Horicon Bank, speaks about success \n\nstories and strategies that small businesses can use for financial planning. He explains \n\nhow he believes in working with third parties to help administer assets correctly when \n\nthere are no family members available to turn to. He mentions the \"holiday clause,\" \n\nwhich helps preserve relationships among family members by allowing them to back \n\nout of an investment if it doesn't have a sufficient business plan. \n\nChris emphasizes communication between family members as well as revising \n\ndocuments such as buy-sell agreements every three years or so. Lastly, he encourages \n\nfamilies not to open joint accounts with anyone other than spouses due to potential \n\ncomplications and suggests discussing expectations for trusts prior to documentation \n\nchoices being made relating to sentimental gifts given while still alive. \n\nIf you are a business owner looking for guidance on how to properly plan for the \n\ntransition of your business, then you don't want to miss this episode. Tune in to learn \n\nmore about how to make sure your wishes are carried out even after you are gone.","thumbnail_width":300,"thumbnail_height":300,"thumbnail_url":"https://artwork.captivate.fm/66ac5eca-4267-4a1d-8ded-2bcd36025e08/BOB2.jpg"}