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Business Continuity Planning
If you are a part-owner of a privately held business, it’s quite possible that you may face problems down the road in the event a partner retires, sells off shares, becomes disabled or passes away. The issues can even become more pronounced if you elect to leave the business.
A lack of proper planning often leads to disputed ownership,
battles for control, lengthy litigation, tax problems, or the
dissolution of the business. Savage & Associates analyzes
potential change of ownership scenarios and develops detailed
agreements to ensure an orderly transition. Where many financial
advisors use life insurance to fund these arrangements, we go
one step further. We offer our clients disability income
insurance in case one of the partners becomes disabled. Through
our comprehensive planning process, we can help maximize
financial options, minimize taxation, and prevent disagreements
for all interested parties.
Business Continuity Services include:
- Planning Business Succession Plans
- Buy/Sell Agreements
- Business Insurance
- Analysis and Funding
- Family Consulting
- Business Continuity Trusts
Savage & Associates offers all the resources you need to get the results you want. To learn more, call 419-475-8665 today.