Most businesses won't survive.
According to Forbes, less than one third of family businesses survive the transition from first to second generation ownership. Another 50% don’t survive the transition from second to third generation.
We work to ensure you don’t have to curtail your living. Part of enjoying the life you’ve built is having the time to enjoy the endeavors and pursuits you wish.
Don't pay more than your fair share.
“There is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible…. for nobody owes any public duty to pay more than the law demands.”
— JUDGE LEARNED HAND
The consequences of inefficient tax planning and incomplete and non-existent beneficiary education can be devastating. Most generational family wealth is erased in just three generations, irrespective of the size of the business or its assets.
Proper business succession planning considers all possibilities, insulating the business’ assets and setting the stage for a successful transition, whether it’s succession to the next generation, selling the business, or going public.
Your money should outlive you.
A successful strategy will consider and encompass:
Asset Protection of the Proceeds Post-Sale, Long Term Cash Flow Needs, Retirement Plan Design, Reinvestment Risk Evaluation, Wealth Transfer Plan Design, Charitable/Planned Giving Plan Design, Beneficiary Education, Maximizing the business value, and Proper legal structure to minimize: Income taxes and Potential Estate Tax Exposure.
We specialize in deploying little-known, creative strategies to help you drive maximum value and will work tirelessly along your side minimize the stress of your exit.