The FORT Podcast: Ryan Heath Sits Down with Chris Powers to Discuss Estate and Business Succession Planning
“Don’t let business get in the way of family.”
With nearly a decade of experience helping families and business owners transition wealth, our very own Ryan Heath recently sat down with Chris Powers, founder of Fort Capital and creator of The Fort Podcast, to discuss everything from the basics of estate planning to the complexities of business succession planning. The Fort Podcast has over 24,000 subscribers across several platforms, and has surpassed 2,000,000 total views.
Ryan’s approach to planning centers around maintaining family harmony while achieving clients’ goals. He shares what estate planning tools and strategies he has implemented for his own growing family, as well as a few of the lessons, both good and bad, he’s learned from clients along the way. Through these lessons, Ryan’s biggest takeaway is this: communication is key. Ryan shares that the best way to ensure family harmony after death is to get ahead of conflict and discuss the “why” behind your planning decisions with your children. This becomes increasingly important if your estate or business succession plan may be perceived as unfair. Many times, we fail to plan because we’re afraid of making the wrong decision or hurting our children. Ryan points out that in both family and business matters, succession planning doesn’t have to be set in stone—like your life, the plan we put in place today will evolve over time as dynamics shift.
Sit down with Ryan and Chris as they discuss this, and so much more about how to grow and protect your legacy.
