What is succession planning? At its simplest, succession planning is just as it sounds—planning on who might succeed you in your business. While you might believe you will go on forever, succession planning takes into account the “6 D’s” which can cause a change in ownership structure. Those are: death, divorce, disability, distress (financial, like bankruptcy), disengagement (retirement) and disputes (with your partners). A plan may be as simple as creating a will leavi