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Why Bother With Family Business Estate Planning?

8/5/2016

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It's easy to ignore the need for estate planning in your family business. Excuses for postponing estate planning for family businesses are easy to manufacture: It might distract from running the business. It might create bad feelings. And so forth. But family business estate planning has a huge upside. 
  • Unite the family, maintain a legacy and create success for all
  • Keep the family culture in a corporate business

FAMILY BUSINESS ESTATE PLANNING REQUIRES A COMPREHENSIVE PLAN; A CRASH PROGRAM WON'T WORK.

Since 1980, Hubler for Business Families has helped large and small family businesses find economic peace of mind. 

Forge real answers to the five key areas of an ownership plan.
  1. Determine if the next generation will be in the business
  2. Create economic security for the senior generation
    -Systematic ownership exit plan
    -Best way to liquefy the asset
  3. Devise equitable treatment among the children
  4. Minimize estate taxes
  5. Develop family awareness so that everyone is at peace with the plan
We can also refer you to experts in these financial and legal issues associated with family business estate planning: 
  • Interim and long-term planning
  • Family ownership restructuring
  • Governance
  • Ownership transfer
  • Stock transfers
  • Distribution policy
  • Executive benefit consulting
  • Wealth preservation
  • Estate planning
  • Asset protection
  • Tax planning and minimization
  • Insurance and investment advice 
The future will be here before you know it. We can help you with estate planning for your family business with Estate Planning and our exclusive Vision for Successtm. Contact us today by Email, call us at 612.375.0640, or fill out our contact form.
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