Mary

Business Owner

Key Concerns:

  • Preparing a succession and sale plan for her business
  • Establishing and funding a charitable family foundation
  • Finding an advisor she can trust to help her navigate the process

 

Discover Pring Turner’s Solution for Mary

Primary Financial Concerns:

  • Preparing a succession and sale plan for her business
  • Establishing and funding a charitable family foundation
  • Finding an advisor she can trust to help her navigate the process

Key Questions:

  • What steps should I take in preparation to sell my business?
  • How do I sell my business in a tax efficient manner?
  • What is my giving capacity in funding my family foundation?

Recommended Services:

For as long as she can remember, Mary had a driving passion to run her design business. But after over two decades building the company from the ground up, she was ready to begin the transition into semi-retirement. Mary wanted to spend more time with her family and establish a charitable family foundation. With the majority of Mary’s net worth tied up in the company, she wanted a tax efficient financial plan for the cash proceeds from the sale of her business. However, finding a financial advisor that Mary could trust to manage her hard earned money proved to be as stressful as running her business.

At Pring Turner we have a long history of providing financial guidance to business owners like Mary. We provide personalized financial plans that support their family while, at the same time, develop a tax efficient business strategy. In addition, our financial advisors can open up lines of communication among the attorneys, accountants, and other professionals with whom business owners entrusts their interests.

Ultimately our goal is to help business owners like Mary streamline and organize their financial life and save precious time, so they can focus on what is most important to them. By spending less time analyzing, researching, and stressing about her day to day financial decisions, clients like Mary can use their time more effectively and pursue their life’s interests and passions.

Case studies presented are hypothetical scenarios and for illustrative purposes only. Please see disclaimers page for additional information.

This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for tax, legal or accounting advise. You should consult your own tax, legal and accounting advisors for personalized advice.

Advisors who specialize in financial planning for Business Owners:

Tom Kopas
Investment Advisor

Jim Kopas, CFA
Investment Advisor

Call 925 287 8527 to schedule a complimentary consultation session with one of these advisors.