Business Investment, Sales, Retirement Plans 401k and Roth Conversions

Business Succession Planning

How's business?

If you're like most business owners, you think about your business about 90 percent of your waking hours. Running a business is hard work, but the rewards are often immeasurable.

Business owners need to remember that changes in their life situation will impact their businesses. For example, you may be saving diligently for your retirement, but have you thought about what will happen to your business when you retire? Will your children take over the family business, or will you sell it to a business partner or an outside party? Perhaps you have implemented an income preservation plan so that your family's needs are taken care of should you become disabled or die prematurely, but are you thinking about your business as well?

If you have not included business planning in your overall wealth management strategy, now is the time to start. Here are some questions to consider as you begin your business planning:

How have you arranged for your family business to stay in the family?
When did you put your business succession plan on paper? When did you last review it and update it for structure and valuation purposes?
Is your succession plan funded for both death and disability?
What is your exit strategy for "monetizing" your business?
How protected is your business in the event you become seriously ill, severely injured, or die?
How much is your business worth? Have you insured the business at that value?

We can help make sure you have the right strategies in place to protect your business. We can analyze your current situation and, if necessary, recommend a course of action to help put in place the right strategies for your business. Call us to schedule your business planning appointment today.

Call 858.752.1726

What is Method 10^TM

No matter what you think about when it comes to wealth and investment management and planning Method 10 Elements have them covered, here is a list of key elements covered by Method 10 they are; Income Tax Planning, Investment Planning, Retirement Planning, Disability & Income Protection, Asset Protection, Asset Diversification, Asset Allocation, Stocks and bonds, Munis, Estate Planning, Business Planning, Education Planning, Debt Management, Special Situations, Cash flow sources and uses, Income tax analysis – Savings, Tax planning 1040, 1041, 5500, Employee Stock Options, Concentrated equity positions, Employer stock inside an employer qualified plan, Charitable giving, Sale of residence, Roth IRA conversions, Limited Partnership & REITs, Oil and Gas Partnerships, Investment management, Investment planning, Tax minimization strategies, Business valuation, Buy/sell agreements, Key employee death protection, Key employee retention, Retirement plans, Exit strategies, Tax advantaged college funding, Section 529 Plans, Education IRAs, Roth IRA Conversions, Income tax credits, Hope scholarship, Lifetime learning, Charitable Remainder Trusts, Living trusts, Life insurance trusts, Grats, Type A trust, Type B trust, Financial aid, Divorce, Estate attorney referral, Addictions, Child / Eldercare, Occupation / Avocation, Family situations, Expenditures, Cash management problems, Cash flow projections, Budgeting , Goal setting, Implementation, Determination of taxable estate, Traditional and non-traditional plans, Establishing key estate planning documents, Retirement objectives, Available and needed resources, Government plans, Individual plans, IRAs, Roth IRAs, Non-qualified annuities, Employer plans, 401(k), SEPs, Simple IRAs, Profit Sharing, Post retirement asset allocation, Investment goals, Risk tolerance, Suitability, Appropriate asset allocation recommendations, Asset allocation, Systematic investment planning and so on and so on, with Method 10 we most probably have you covered. Services are primarily intended for accredited and Super accredited high net worth investors in our neighborhood which is La Jolla, San Diego, Rancho Santa Fe and Del Mar.