Creating True ROI

Sell the Business

• Couple was in their early 50’s and had 3 children.
• They had a business that was being prepared for a future IPO or sale.
• Trust established for each child to provide a small lifetime inheritance with a desire to provide an additional lifetime inheritance.
• Their estate created trusts providing their children income but no assets.

Grow the Business

• Late 30’s/early 40’s and 2 young children.
• Owned a rapidly growing business with a desire to exit the business within the next 5-10 years.
• They had 2 business loans and a mortgage totaling 12% of their assets.
• Basic legal documents provided their children their entire estate at death.
• No plans for a lifetime inheritance.

Transfer the Business

• Couple in their early 50’s with 4 sons.
• Father started a family business and ownership was passed to the client, his brother, two sisters, their spouses, and 7 members of the third generation. Including the father, there were 16 owners.
• He and his brother were leading and operating the company but were severely undercompensated.
• None of the nieces or nephews were interested in running the family business and his sons were interested but still in college or high school.
• Company was filing as an S-Corp and had substantial income that was being reinvested.

Family Transformation

• Couple in their late 40’s/early 50’s and 4 young children.
• Had legal documents that had not been updated since children were born, but entire estate was designated to their children in trust.
• No plans for a lifetime inheritance.
• Wanted to limit the inheritance for their children but were not clear on the amount.
• Owned a business that was nearing a sale in the next 2-4 years and would be subject to substantial capital gains taxes.

Business Transformation

• Owner founded construction business that was 24 years old.
• Couple in mid 40’s and 3 children.
• Operating agreement did not align with owner’s plans for succession, or with his personal legal documents.
• One son was involved in the business and wanted to inherit or purchase the company in the future.
• Desire to equalize the inheritances to all children.
• If the business were sold or transitioned the owner would face a large capital gains tax bill.