Wealth Transfer
You may have accumulated substantial assets. Perhaps you wish to preserve and pass as much of your assets as you can to your heirs and/or charities. But federal (and state!) estate taxes may significantly erode your assets. And if your assets are mostly illiquid, your heirs may be burdened with selling them to pay estate taxes. Additionally, costs of long-term care can eat away at your assets that could otherwise pass to your heirs/charities. Well-designed life insurance and long-term care insurance, along with a thoughtfully crafted estate plan may help you to efficiently maximize what your heirs/charities ultimately receive.
Additionally, if you are a business owner, your business is likely the most valuable asset you own. As such, the value of your business, and monetization of such value, is enormously consequential to meeting your retirement and estate planning goals. The net amount you receive from the sale of your business can directly, and quite literally, impact what you can and can't afford in retirement and how much you are able to leave to your children, grandchildren, charities, and so on. So it's well worth your time and energy to protect and preserve the value of your business by safeguarding it against the unexpected. Developing a well-crafted business exit plan, preserving the business value, and ultimately fully monetizing the business value are integral components of a sound retirement and estate plan.
Additionally, if you are a business owner, your business is likely the most valuable asset you own. As such, the value of your business, and monetization of such value, is enormously consequential to meeting your retirement and estate planning goals. The net amount you receive from the sale of your business can directly, and quite literally, impact what you can and can't afford in retirement and how much you are able to leave to your children, grandchildren, charities, and so on. So it's well worth your time and energy to protect and preserve the value of your business by safeguarding it against the unexpected. Developing a well-crafted business exit plan, preserving the business value, and ultimately fully monetizing the business value are integral components of a sound retirement and estate plan.
Protect and Preserve Your Estate
// Provide liquidity to meet estate tax obligations efficiently // Maximize generational estate // Leverage charitable giving // Equalize inheritance among children // Provide financial security for a child with special needs // Safeguard your business value from the unexpected |
