"Most people understand the importance of estate planning to protect significant family assets for the benefit of their descendants and loved ones.
After all, the desire to provide for our families is often a key factor motivating us to pursue financial success during our working lives. A sound, well-considered estate plan can be an important tool to make sure that the long-term financial goals we desire are achieved when we are gone.
All too often, however, the environmental risks associated with the inheritance of commercial property or businesses are not adequately considered during the estate planning process. Dad passes, leaving his gas station property to his son or daughter. Mom passes, and leaves the family metal-plating business to her children...."