Most business owners do not want to consider retirement, but the harsh reality is that at some point there will be a time when you will be unable to or not want to run your company. Instead of waiting until you are incapacitated, you should consider succession planning. You will not be giving up control of your organization if you plan your successor. Rather, you will be protecting your business and estate for your family. The best plan is when you can assess your situation and make plans to have someone competent and capable step up at the right time.