Whether it is a simple as funding an existing buy-sell
agreement, needing assistance with options or alternatives,
planning the for the addition or departure of partners/owners,
or not sure where to begin, we have qualified specialists
that can partner with you to formulate a plan and
implement your strategy.
In order to maximize the enterprise value of your
organization, at your retirement, it is imperative
to develop a well reasoned business succession plan.
Business owners should plan for the continuation or
sale of their organization at their retirement or
should they become unable to work due to disability
or death. Some essential questions should be addressed
with any planning. Will the business be sold, transferred
to family members or dissolved? If sold, what will
the purchase price be based upon? What is the current
value of the business? Who would be the best candidates
to purchase your business? If a disability or death
occurs when will the transfer take place? Where will
the funds come from?
Our specialists can help you with the valuation of
your business and business succession planning. We
will work with you to determine what the best approach
would be for your organization. Contact
us to arrange
an initial consultation.
Key Person Insurance
Regardless of its size, every business has an individual
or group of individuals who contribute to its success.
When a key individual’s talents, sales abilities,
organizational skills and expertise are lost due to
a premature death or disability, the financial loss
and impact to your organization can be devastating.
If your organization has an individual or individuals
who are vital to the overall success and profitability
of the business you should consider Key Person insurance.
Key Person Insurance remunerates a business for financial
losses it suffers when a key individual either dies
prematurely or becomes disabled. Our seasoned specialists
can work with you to determine the amount of insurance
you should consider and the type(s) of coverage to
that ought to be contemplated. To request a quote
please complete the below questionnaire or contact
us for a consultation.
