Succession Planning — So Your Business Outlives the Moment You Step Away
You've built something. Succession planning ensures that the wealth you've created in your business transfers on your terms, whether you're passing it to your children, selling to a key employee, or preparing for an outside buyer. Without a plan, the default can cost you millions in taxes, trigger family conflict, or leave your business exposed.
What You Get
- Identification of the right succession path: family transfer, internal sale, third-party sale, or ESOP
- Business valuation guidance — understanding what your business is worth and how to increase it before exit
- Buy-sell agreement review and funding analysis, including life insurance and disability buy-out coverage
- Tax-minimization strategies for the transfer: gifting strategies, trusts, installment sales
- Key person identification and retention planning during the transition
- Coordination with your estate plan so the business transfer aligns with your personal wealth goals
- Timelines and milestone planning — succession doesn't happen overnight; we build the roadmap
Start Planning Your Exit, On Your Terms
Succession doesn't happen overnight. The earlier we start, the more options you have.
Start Your Succession Planning ConversationFrequently Asked Questions
Business succession planning is the process of preparing how your business transfers, whether to family, employees, or an outside buyer, so ownership, taxes, and funding are all handled deliberately rather than by default.
Ideally three to five years before any expected transition. Valuation, tax strategy, and buy-sell funding all take time to structure properly, so starting early preserves the most options.
A buy-sell agreement sets the terms for what happens to a business owner's share if they leave, become disabled, or pass away, and is typically funded with life insurance or disability buy-out coverage so the transaction can actually happen when needed.