BUSINESS SUCCESSION

• Explore Exit Strategies and the Monetization of Your Business.

• When is the right time to monetize your business?

• Should you sell, close, or transfer the business to family members or key employees.

• Buy-sell agreements between key employees and/or family members.

• Who will run the business when you are gone?

RISK MANAGEMENT

• Will the family business trigger a Federal Estate Tax?

• How to protect your personal assets from business liabilities.

• Can the business run without you?

• Key man insurance and liquidity needs.

• Lines of credit & personal guarantees linked to the business.

• How to protect your spouse and family

RETIREMENT

• Do you need to sell the business to fund your retirement? 

• If so, how much money do you need to net from the sale?

• Will you have enough money to live on without selling it?

• Will you transfer the business to key employees or family members?

• Do you require a lump sum sale or is an installment ok?

• What about retirement plan distribution options

BUSINESS FRINGE BENEFITS

• Profit sharing plans

• 401k plans

• Cash balance and defined benefit plans

• Non-qualified, key employee “Golden Handcuffs” 

• Employee Stock Ownership Plans (ESOP)

• Help address concerns about company retirement plan