The Complexities of Business Succession Planning

What are your plans for the biggest financial event of your life?  Whether you’re planning to sell or transfer your business soon or just starting to think about it, understanding how to maximize value, minimize risk, accomplish your specific objectives, all while creating a smooth transition, is crucial. 

 We are pleased to announce that Peak Asset Management and the Berg Hill Greenleaf Ruscitti Law Firm are presenting on the complexities and considerations surrounding business succession planning on Wednesday, May 7th at 11:30 am to 1 pm at the Boulder Jewish Community Center. 

 Our expert panel brings together financial and legal specialists who focus on helping business owners successfully navigate their exits.  Attorney Jason Foster, our Director of Wealth Strategies and Legacy Planning, will be presenting with Mark Changaris, a seasoned business attorney and partner at Berg Hill, and Shelly Merritt, a top estate planning attorney and partner at Berg Hill, on the legal, financial and tax strategies that can make or break your business transition. 

 This event is designed to give you insider knowledge and strategies used by top advisors to ensure you get the best possible outcome.  What you’ll learn: 

• The Best Way to Sell Your Business – Open market, partners, employees, or family?  Find out what works best for your situation. 

• Avoiding Post-Sale Regret – What role or involvement (if any) should you play in the business after the sale? 

• Risk Avoidance and Legal Pitfalls to Watch For – How to prepare your business legally and financially to avoid costly surprises. 

• Structuring the Deal for Success – The right way to set up your transaction to ensure a smooth sale. 

• Mitigating Capital Gains and Future Estate Tax – Proven entity planning techniques and transfer tactics that can maximize sales proceeds through the mitigation of tax. 

• Charitably Inclined with Assets Now Available to Donate – Making philanthropic planning strategies a part of a larger plan to sell the business. 

• Financial Planning After the Sale – How to manage your wealth, cash flow and taxes once your business is sold. 

Regardless of what phase you are in with your business, understanding the process and specific techniques and strategies available to you when selling or transferring your business will be critical in shaping your overall exit strategy and what your financial world will look like afterward. 

Space is limited, and this event is expected to fill quickly. Secure your spot by RSVPing here. Lunch will be provided. 

Jason Foster, Director of Wealth Strategies and Legacy Planning