A Comprehensive Succession Solution

Integral Parts to Financial Security and Lasting Legacy for Family Business Owners

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1. Financial Plan

Providing financial security for the owners and dependent family members.

  • Create retirement options
  • Diversify investments
  • Manage capital and debt
  • Maintain lifestyle

2. Ownership Transition

Combining financial, tax, and estate planning strategies to design the most effective transfer of family business ownership to the next generation.

  • Choose entity structure
  • Explore financing options
  • Mitigate taxes on sale or transfer
  • Negotiate buy-sell provisions

3. Leadership Structure

Structuring the business and preparing family business leaders to manage the operation.

  • Adopt management structure
  • Define roles and responsibilities
  • Agree on compensation and benefits
  • Assess readiness; hire to start

4. Estate Plan

Planning to efficiently and effectively transition the estate due to premature death.

  • Eliminate estate tax
  • Minimize transfer costs
  • Make equitable distributions
  • Provide income replacement

Why Plan for Succession…?

Free Succession Planning Resource Library