Sell The Business

Case Study


Original Financial Impact

  • 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.

Original Family Impact

  • They had “good values” but no common purpose.
  • There was little clarity around the impact the family could make.
  • They desired more feedback from their children but didn’t have an avenue to facilitate open conversations.


  • Minimize capital gains taxes on the sale of their business
  • Reduce their annual income taxes
  • Restructure their children’s inheritance
  • Eliminate at least $3.7 million in unnecessary estate and GST taxes
  • Increase charitable giving by at least $10 million
  • Develop a long-term strategic charitable giving plan


  • Created core values and family purpose statement.
  • Equipped family members and in-laws to speak into family and personal purpose.
  • Wrote letters capturing the family story and the vision and dreams for their children.
  • The family created “must haves” for the family to continue to fulfill it’s calling.


  • Annual meetings to bring the whole family together to discuss financial and relational issues.
  • Priorities and clarity for their giving focus.
  • Established Family Foundation.
  • Engaged family in volunteering to include children and grandchildren.

Design & Construction

  • We utilized a Charitable Remainder Trust to avoid capital gains tax when the company had it’s IPO.
  • We created an inheritance strategy that equalized their children’s inheritances and provided the additional lifetime inheritance.
  • They updated their wills to remove the additional trusts that provided income to their children and assets to their future grandchildren.
  • We created a charitable giving plan to strategically gift cash and assets to take advantage of the maximum allowable charitable deductions.
  • They directed all of their remaining assets to their foundation after their passing.
Lifetime Income
Children’s Inheritance
Lifetime Income Taxes
Capital Gains Tax on Asset Sale
Estate Taxes
Charitable Giving
Case studies are for informational and illustrative purposes only and not to be considered a guarantee of results.
Actual results will vary with each situation.