Business Continuation and Succession

Chartered Financial Consultant (ChFC)

Many of the most important activities in creating an effective Business Continuation plan cost nothing; they are decisions and COMMUNICATION about who takes what role under which circumstances in the event of one or more major (generally negative) life events.

It is surprising that most small to mid sized businesses have no verbal, let alone written, never mind communicated short term plan regarding the short-mid-long term disability or the first year or two following the death or permanent disability of a key employee.  Succession ties into continuation in that if there is a take over plan, or a plan to sell the asset to a third party, or… planning ahead will save you taxes, timing, fees and probably premiums.  As a Chartered Financial Consultant (ChFC), we are here to help.

We can serve you in the areas of:

  • Short and long term succession directives
  • Buy sell agreements
  • Tax deductible disability insurance
  • Stock redemption design
  • Limited partnerships
  • Grantor Retained Annuity Trusts
  • Profit sharing owned life insurance
  • Excess disability coverage

Back to Our Services