BUSINESS SUCCESSION PLANNING

Secure Your Family’s Future. As a business owner, it is important to ask yourself: “if I could no longer operate my business, what would happen to it?” If you struggle to answer this question, it is time to implement a business succession plan. For many small business owners, the equity in their business and the […]

PROFITS INTERESTS

LLC Equity Incentive for Key Employees. The Limited Liability Company (“LLC”) taxed as a partnership for federal income tax purposes is unique in its flexibility. One area where this structure provides flexibility unmatched by corporations, including S corporations, is the ability to grant equity to key employees in the form of “Profits Interests,” allowing these […]

INSURANCE BACKED BUY-SELL AGREEMENTS

Leaving a Legacy Through Your Business. Closely held businesses create wealth for millions of American families. Unfortunately, significant additional wealth often evaporates at a business owner’s death because of difficulty transitioning and monetizing the deceased owner’s interest in the business. Basic business succession planning put into place with a buy-sell agreement backed by life insurance […]