If you are a high-net-worth individual (“HNWI”) in your 50s or 60s, you are likely looking at the next phase of your life. Whether you are operating a family business or are a sole operator, you may be wondering what will happen to your business going forward. Will there be an exit to an arm’s-length party (i.e.: family relationship, business relationship) via a future sale or is the next generation going to take over the business? Now is the time to start thinking about those big decisions if you have not already. While many businesses are suffering as a result of the pandemic, it is important to continue planning on building value going forward.