Succession Planning for Attorneys

John R. Cesario (Attorney at Law, IL) recently published his article entitled Succession Planning and the Duty of Diligence, 99 Ill. Bar J. 46 (Jan. 2011). The conclusion is below:

Time devoted to planning for death or incapacity will give sole practitioners and their loved ones peace of mind. Such a plan could lower the cost of administering the deceased attorney’s estate and make efforts to sell his or her law practice pursuant to the provisions of Rule 1.17 more feasible.