Ensuring a Smooth Transition for Family Businesses
A carefully developed succession plan can help engineer a smooth transition into the company’s next phase, whether they plan to sell the business or pass it on to their heirs. If there are family members that are active in the business, a family buy-sell arrangement involving life insurance can be used as a tool to help divide the estate or provide liquidity to keep the business running.
- Equality Among Heirs
- Liquidity for a Smooth Transition
- Potential Estate Tax Liability Calculator
