Business Succession Planning

If you, like many business owners and health care professionals, have substantial personal assets invested in your business, it can have significant implications, not only for you and your business or practice but also for your family’s financial security. Polsinelli Financial Advisory Group of ScotiaMcLeod is well aware of the various issues and concerns you may face as a business owner, and we are here to consult and provide recommendations that can help you grow your wealth, reduce tax and find efficiencies in your corporation. We can provide the answers to the “how can I” questions about business or practice succession such as:

  • How can I find the best business structure to reduce taxes upon my death?
  • How can I ensure that my business continues to operate in my family’s hands?
  • How can I split income with all family members in my business?
  • How can I sell my business and retain the growth if I need to before I retire?
  • How can I make sure that my family business stays in my family?
  • How can I protect my business from creditors?
  • How can I switch control and management to my children if they are not ready?
Decisions you make for the future of your business have long-term implications for your wealth and your family. Having worked with many business owners, families and practice professionals of all sizes, we are aware of the stakes you may have and will help you protect what you have worked to build.
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 Business Succession Planning