BUSINESS TRANSITION

A smooth transition plan helps protect your business, your family, and your retirement goals. Whether you plan to sell your business, transfer it to family, or pass it to partners, the right strategy ensures stability and fair value for everyone involved.

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PLANNING YOUR EXIT
A formal transition plan outlines how ownership will change hands — including sale terms, timing, and valuation. A professional business appraisal helps set an accurate, fair market value and reduces the risk of tax or legal issues later.

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FUNDING THE BUYOUT
Buyouts can be structured several ways:

• Sinking Fund: Regular savings to prepare for a future purchase.

• Installment Sale: Payments made over time with agreed terms.

• Life Insurance: Provides funds for buyouts triggered by death, disability, or retirement.​

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GIFTING OR FAMILY TRANSFER
If your goal is to pass the business to family, gifting can lower estate taxes and allow gradual ownership transfer while maintaining control. Life insurance can also help equalize inheritances among heirs.

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