After contemplating this for long time and wanting to do it, it is finally happening. Our family ran a business but since we had enough of money for the rest of our and few generations lives we wanted to stop working and just fully enjoy ourselves, but we were afraid that our corporation will star to fall if we would stop running it. My father found really competent (hopefully) person to replace him as CEO, he worked in C-suite positions for 15 years and ran two +1b revenue businesses.
Let the no working life phase begin!