Depending on the nature of your business some strategies below may be preferable for your particular situation. Our team will help determine which solutions are optimal and will manage the process to maximize the outcome.
Term life insurance to:
1) Cover the cost of replacing an employee
2) Fund a buy-sell arrangement in the amount of the individual's ownership interest
Creates an insurance company wholly owned by the business owner to insure the risks of its owners.
Policy utilized to fund a buy-sell arrangement upon disability.
Proceeds are used to buyout a permanently disabled business partner.
Regardless of your company's size or revenue, there are many ways to optimize your business and reward your key people.
There are various ways a business can transition from one owner to another. Our team of experts will analyze all available alternatives to ensure you maximize your liquidity event.
The key factors consist of the following:
Generational Planning may be a solution to a business owner who would like to pass on the business to heirs.
An appropriate trust vehicle can hold the business out of the owner's estate to mitigate tax liability upon the death of the owner.
Many families of a deceased business owner find themselves immersed in a business they are not equipped to manage.
A Buy-Sell Arrangement is an agreement between business partners outlining the transfer of ownerships in exchange for funds usually backed by an insurance policy.
To maximize the value of your business, you need to know its current value today. Our team will determine the most appropriate valuation method and work with you to maximize the outcome. There are 3 main methods: