The Associated Client Benefit
Whether you retire or cease operations, exiting your business activities with no plan can have profound tax implications. A well-planned estate or succession plan minimizes your tax burden and sets forth the sequence of events to be followed prior to exiting your business. Also, a well-defined plan will ensure you enjoy the lifestyle you have worked so hard to achieve.
At some future time all business owners will be looking to retire and either cease operations or have the company continues to operate. Either way, the fundamental process for exiting should be planned well in advance of the occurrence. At the appropriate time, our service providers will begin to put in place an exit strategy that will facilitate and address all of the key issues surrounding this important business decision. Our aim once again is to ensure that all the bases are covered and that every potential tax consideration has been properly planned for.