Michael T. Cyrs is an estate and wealth transfer advisor assisting our financial advisors and planners with developing and communicating complex wealth transfer and asset protection strategies and techniques. He brings to Savant over 20 years’ experience as a private attorney concentrating on complex estate and business succession planning, charitable planning, and advising clients regarding all types of trusts and estate administration.
Michael T. Cyrs is an estate and wealth transfer advisor assisting our financial advisors and planners with developing and communicating complex wealth transfer and asset protection strategies and techniques. He brings to Savant over 20 years’ experience as a private attorney concentrating on complex estate and business succession planning, charitable planning, and advising clients regarding all types of trusts and estate administration.
What are the best strategies for the successful transition of a privately held family business?

The statistics are staggering: There are 17 million family businesses in the United States, representing 64 percent of the U.S. gross domestic product. However, less than a third of those family businesses survive into the second generation, and only 12 percent continue to be family controlled in the third one. This occurs despite estimates that […]
