Is your business a family-owned or family-controlled business? Well, you aren’t alone. Family businesses make up approximately 90% of the businesses in this country. Are you looking forward to passing your business on to one of your children? Or do you plan to sell it? We believe that planning for how you will leave your business should be an important part of retirement and estate planning.
Planning the proper structure and legal entity for your business is a key first step in creating the business of your dreams. We can help you create the "blueprint" for how your business will be operated and managed.
Regardless of whether you transfer your business to family members, employees, or an outside buyer, proper planning could provide you with retirement income, reduce your tax burden, or enable you to contribute to a chosen charity.