Build & Preserve Your Legacy
Protecting Your Vision Starts Here
Succession Planning
Developing a successful exit strategy requires working with your team of advisors, such as your accountant, your attorney, and your financial advisor.
Our team of professionals will walk through the business portion with you and, through this discovery process, will help you understand who the key people are in your succession planning strategy and what your business will ultimately look like at transfer.
After dedicating a life’s worth of hard work towards your business, your legacy must be preserved and continue. A business exit strategy not only means having a plan for the unexpected, including financial hardships, but it also means having a plan for the succession or transfer of ownership of your business when it comes time to retire.
Some significant items for consideration that will have to be addressed with succession planning include:
Coordination between who will own the business and who will manage it
Consideration of the best of the business and the owner’s family
Timing of the transfer of the business during your lifetime
Tax consequences of transfer upon death
Planning for Tomorrow Begins Today
Our dedicated wealth management advisors are committed to help ensure you with the utmost confidence that your money, assets, and estates are appropriately invested to benefit you and your loved ones.