Business Owners/Executives

While the rewards of establishing your own business or healthcare practice are immeasurable, so too are the challenges. Balancing the financial needs of your company with your and your family’s personal needs can prove complicated, especially when making plans for the future. Whether you are selling your business, transferring ownership, seeking retirement, or facing a "forced-exit" such as bankruptcy or liquidation - planning your exit is a big undertaking that has implications on employees, your business structure, its assets, and your tax obligation.

By following five key steps relevant to most family businesses, the business can create a viable succession plan, provide for the financial independence of the exiting owners, and position the business for continued success and growth.

1. Establish Goals and Objectives
2. Establish a Decision-Making Process
3. Establish the Succession Plan
4. Create a Business and Owner Estate Plan
5. Create a Transition Plan

Our cross-disciplinary team, which includes a Certified Financial PlannerTM that works extensively with corporate executives and high-net-worth individuals to provide comprehensive tax, estate and financial planning services designed to maximize the value of company-provided compensation and benefits, helping to meet their personal financial goals and objectives. Continuing changes to federal, state and social security tax regimes have a material impact on executive and high-net-worth taxpayers. Our services include minimizing potential income and estate tax liabilities, enhancing cash flow, developing strategies for stock option/ incentive compensation benefits and providing a more secure and comfortable retirement for individuals and their families.

Working with individuals and executive groups under corporate-sponsored arrangements, we tailor our services to meet your specific and comprehensive needs.

We coordinate successfully with our clients’ outside advisors to create holistic plans that meet their goals and objectives. We work with:

• Corporate executives
• Corporate employers/ human resource departments
• Privately held business owners
• Retired executives
• Healthcare Professionals

We also provide insight into a full range of business financial concerns, including:

• Employee retirement plans, including 401(k)s and pensions, 403(b)
• Stock and severance options
• Asset protection
• COBRA benefit plans
• Tax-optimized financial planning
• Estate planning
• Charitable gifting

Our expertise combined with a deep understanding of your vision and values can go a long way to creating a bright financial future for yourself, your family and your business.