Business Wealth Planning
Identify challenges and opportunites
- Clarify business owner goals
- Clarify business needs
- Set priorities
Create and monitor employee benefits programs
- Clarify complex employee benefits and healthcare options
- Give clear guidance to satisfy employee needs and owner requirements
- Coordinate additional business owner and "key" executive benefits
- Customize employee benefits plans to suit business
Review business qualified retirement plan
- Thorough review of retirement plan for business owner(s) and employees
- Implementation of agreed plan changes
- Custom plan design and new plan set-up
- Conduct employee education and enrollment meetings
- Facilitate regular plan "trustee" review meetings
Review business continuation and succession plans
- Identify risks to business continuity and owner financial security
- Review continuity and succession agreements and options
- Review buy-sell and key executive insurance
- Recommend additional protection strategies
- Implement succession and retirement distribution strategies
- Ensure proper and efficient transfer to heirs
- Coordinate financial advice with attorney
Monitor income taxation
- Educate on income and estate taxes
- Review tax advantaged business owner strategies
- Implement tax efficient financial tools
- Coordinate with tax professionals
Simplify your business life
- Collaborate with commercial insurance agent to ensure proper business and owner protection
- Coordinate with on site or contracted human resources professionals
- Coordinate all financial services with payroll services when possible
- Coordinate with business and estate planning attorney