Business Exit Planning Techniques for Tax Mitigation and Business Stability

Planning Reimagined

If you would like to sell your business at some point, how far in advance should you be preparing for the exit?

In today's episode of Planning Reimagined, the team at Robin Glen are diving

into the world of business exit and succession planning. Celeste, Chris and Mike all share insights on ensuring robust estate and tax planning while thinking about how you would like to exit your business.

They discuss the critical aspects of business sale planning and its impact on both direct and indirect beneficiaries, like employees, ensuring that businesses remain stable and secure. From the importance of liquidity during estate tax payments to the strategic role of life insurance in maintaining financial flexibility, they cover it all. They also break down key strategies such as valuation discounts, charitable planning, and the significance of pre-sale preparations.

They offer real-life examples about the consequences of poor planning versus well-executed strategies and discuss the emotional complexities tied to family businesses, the tactical use of buy-sell agreements, and the many benefits of key person insurance. Additionally, the offer ideas about exit strategies, ownership structuring, and the importance of early and transparent planning.

To schedule an appt with the Robin Glen team, visit: www.calendly.com/ccmoya

To learn more about Robin Glen, visit: https://www.robinglen.com/

Key Topics Discussed:

• Estate Planning and Business Stability
• Life Insurance and Flexibility in Business Sales
• Exit Strategy Considerations
• Market Readiness
• Valuation Discounts
• Succession Planning
• Tax Mitigation Strategies
• Deferred Compensation Plans
• Buy-Sell Agreements
• Presale Strategy Benefits
• Ownership Structuring
• Planning for Changing Circumstances
• QSBS (Qualified Small Business Stock) Exemptions