This is the risk management aspect of the wealth management plan. It is the first of the 3 stages that together makes up the Lynchpin process. We undertake this stage very early in the initial planning process given its importance in protecting accumulated wealth.

It involves a combination of customized financial products (for example life insurance, disability insurance, etc.), together with structural components (the holding company and the family trust). Finally it also includes specially designed wills, powers of attorney etc., reflecting the structural changes that have been undertaken.

Our process recognizes the existence of several risk types, including predator or nuisance creditors, wayward staff, spendthrift family members, your health and that of your wife, and the chances of bad luck.


  • Begin this stage years before expected transition of business
  • Groom key employees/family members to take on business responsibilities
  • Set up a Family Council and meet at least once per year
  • Join a family business organization such as CAFE
  • Read succession planning books articles and materials
  • Seek out family business specialists to help manage the succession process
  • In the case of an outside sale seek out services of a business valuator and an experienced business broker


  • Ever forget the axiom: "perceptions are reality, facts are negotiable"