Industries of Focus

  • Healthcare

 

  • Technology

 

  • Local Government

Business Owner Strategies

Family owned businesses – even successful ones – don’t often survive into future generations. Two obvious reasons for this are family conflict and federal estate taxes. But a third reason is perhaps even more influential: failure to design a proper succession plan.

Business owners are typically so busy with day-to- day challenges that they often have little time to think about who will take over the business once they’re gone. But the consequences of having no plan in place could be catastrophic to the family, employees and others who depend upon the business.

Economic Concepts

Taxes. Living expenses. Inflation. Death. That’s about as much as most people can predict about their future. But what if you could get a realistic perspective on the ability of your income and assets to meet your long- term needs and objectives? What if you could analyze a variety of ‘what-if’ scenarios to prepare for all the contingencies the future might hold?

Estate / Asset Protection Strategies

Your net worth doesn’t grow overnight. It involves hard work, focus and persistence. Unfortunately, unless you apply the same skills to preserving your estate, you can lose a good portion to estate taxes after you die. The problem: Transferring assets – even to your own family – can be a taxable event. That’s why you need to find creative, effective ways to build and preserve your estate.

However, there is no need to rush to your estate planning attorney immediately after Congress changes the tax code. However, it’s more imperative to review your estate plan after major life events—for example, the birth of a child, an illness or a divorce. You may also want to review your estate plan if you switch jobs or experience a sudden change in your family’s finances.

Retirement Planning

Just as the 76 million Baby Boomers once transformed American culture, so too are they redefining retirement. No longer is retirement a time to sit back and wait for the rest of your life to unfold. Instead, today’s retirees have busy, active lifestyles with the freedom to chase new opportunities, revive old passions and realize long-held dreams.