Offering a retirement package is a great way for employers to retain key employees and attract new staff. However, some business owners haven’t done so because they aren’t sure how to start or what to look for. We assist small business owners in providing 401(k) or 403(b) retirement plans that benefit them and their employees. We offer guidance and answer common questions small business owners and their employees may have, like program costs, how much money employers and employees can contribute, and how to avoid hidden fees.

Eventually, all business owners transfer their business to someone else by either selling their interest or leaving the business to a family member upon retirement and it’s critical that you have a succession plan and exit strategy in place ahead of time. We guide you in formalizing your goals and objectives, including when to transfer your business and how to do so. We help you determine a tax-efficient method of business succession and work with your tax and legal advisors throughout the succession planning process. We assist you with your personal estate planning needs which helps streamline your intentions for both your personal and business assets as well.

All business owners, whether they own or co-own their business, should have a plan in the case of an unexpected death. Buy-sell agreements may help protect you and your business from unintended ownership transfers and can protect your heirs by offering them the chance to turn shares into cash. We offer guidance on buy-sell agreements and can provide referrals to attorneys who can help determine and draft the right type of agreement.