<img src="//tracker.clixtell.com/track/t.gif">
Skip to content
Contact us

Succession & Estate Planning

Don't leave a lifetime of accomplishment unprotected.

Meet with us
Pause video
Estate Planning

Are You Prepared?

Did you know that 75% of business owners have not done ANY estate planning, and only 20% of those who have a plan have reviewed it in the past 5 years. 

Why?

Because their estate plans are siloed. If they have one, it was probably prepared and hasn't been touched, and if they don't have one, it's because their advisor doesn't have estate planning experience or expertise.

Sound familiar? If so, we can help.

Talk to our team
estate planning
Estate Planning

The Risks of Siloed Estate Planning

1

Failure to Adapt

Changes happen. In your life, your business, the marketplace. Failure to adjust your plan to account for these changes can have devastating impacts.

2

Lack of Holistic Planning

A lack of coordination with tax, wealth, and business strategies will miss opportunities and reduce overall wealth and growth.

3

Asset Vulnerability

Failing to coordinate estate planning with business operations may leave business assets unprotected from personal liabilities or creditor claims, jeopardizing your family’s financial security.

4

Insufficient Liquidity

Neglecting to plan for sufficient liquid assets to cover estate taxes and other expenses can create financial strain, forcing heirs to sell off business interests or assets.

5

High Tax Liability

Not considering tax implications in both estate planning and business decisions will result in higher estate and inheritance taxes, diminishing the wealth you pass on.

6

Succession Disruptions

Without an integrated strategy, business succession plans may conflict with personal estate plans, leading to confusion over who will take over the business or how assets will be distributed.

 

Concerned about your estate?

Time is money when it comes to estate planning.

Your work, your wealth, and your legacy are all tied to the strength of your estate plan. Far too many people do not see the vulnerability in their estate plans - if they have one at all - and they are doing irreparable damage to their estate.

The time to start planning or evaluating your estate is now.
Estate Planning

Estate Planning Resources

Frequently Asked Questions About Estate Planning for Business Owners 

As a business owner, estate planning isn't something you "should" do, it is something you must do. Here are the answers to some of the most common questions business owners have.

Read more

 

Top Strategies to Minimize Taxes on Your Estate

By implementing strategic financial planning techniques, you can proactively address the impact of estate taxes and ensure that your assets are safeguarded and maximized for your loved ones.

Read more

 

Understanding Stepped-Up Basis: A Guide

How a stepped-up basis provides significant advantages for heirs when inheriting assets.

Read more

 

Advanced Gifting Strategies

Charitable Lead Trusts, Donor-Advised Funds, And Charitable Remainder Trusts.

Read more

 

Preserving Inherited Assets: Life Insurance’s Role In Estate Planning

Life insurance can preserve inherited assets by offering beneficiaries liquidity to cover estate taxes without selling assets.

Read more

 

Managing Inheritance Tax on Real Estate: What You Need to Know

How to prepare for potential tax liabilities on inherited property.

Read more

 

Planning for Retirement Accounts and Taxes: Avoiding Beneficiary Mistakes

How to develop a plan to protect your beneficiaries.

Read more

 

The Tax Implications of Inherited IRAs: Understanding Distribution Options

Inherited IRAs present unique tax implications. Learn how to mitigate them.

Read more

 

Estate Planning

Success Stories

Multiple Business Owner (Real Estate & Towing), Net Worth $50MM+

A client with a complex family situation, including multiple children and marriages, had no estate plan and wanted to remain active in their businesses at an executive level. C&A restructured assets into a family limited partnership with a management entity. This strategy significantly reduced the value of the limited partner units, saving approximately $13 million in estimated estate taxes at current values. Also, the client maintained their desired role and is now confident in the success of their plan.

Advertising, $120MM Annual Revenue

Our client needed help managing a current income tax issue while also improving his estate plan. In addition to saving the client a projected tens of millions in estate taxes, he was also able to save nearly $4M on current year income taxes throughout the process. 

Custom Design & Construction, $35MM Annual Revenue

The business was owned by two generations, with the first generation needing an exit plan. The main challenge was creating a plan that addressed all the client's current issues: restructuring the entity, succession planning, and estate planning. We collaborated with them to define the succession plan terms, integrating estate planning with the entity restructure. This approach led to reduced income taxes, liability protection, significant estate tax savings, and a satisfied family with a solid plan and peace of mind.

Ana Sofía Guzmán

Director of Marketing

Protect & Grow Your Estate

Your estate is your legacy. Don't leave it vulnerable to unnecessary taxes.
Get A No-Cost Assessment