Endurance of Your Personal Wealth
You have worked hard to achieve your current level of Wealth, and a major component of our service is to work with your Team of Advisors to Protect and Preserve it.
We will address your personal wealth objectives as part of our comprehensive Endurance Planning™ process.
There are no right answers, just those that meet YOUR Objectives...
Is the actual after-tax transferrable value of your business adequate, when combined with your non-business assets, to satisfy your financial needs today, should you decide to leave your business by choice, or be forced to do so by circumstances?
If not, do you have a target identified for when you would want the value to rise to that level?
Keep in mind that we would already be working with you to enhance transferrable business value (under "Business"), but when it comes to your own wealth, we would also be focusing on steps to increase the AFTER-TAX proceeds that you or your heirs would realize from a transfer of ownership. Advanced actions you take now can have a significant influence on how much of the eventual proceeds are lost to taxes.
Ensuring sustainability of business may also be critical to achieving those proceeds. In more cases than not, your final payout will be dependent on future earnings from the business...even after its transfer.
Considerations of Selling Company to a Third Party
Quantifying and Maximizing Potential Benefits. and
Qualifying Potential Tradeoffs of This Approach.
Considerations of Transferring Ownership to Insiders
Quantifying and Maximizing Benefits of the Options to...
Sell, gift, or bonus to family, key employees or all employees.
Coordinating planning with lifetime objectives,
Ensuring mechanisms are in place to provide continuity whether or not the owner is alive at time of the transfer.
Personal Wealth and Estate Planning
Developed in direct response to Owner's Objectives. and
Providing for family or philanthropic wishes, Tax Efficiently.