As a business owner, you spend your time doing what you do best to ensure the success of your business. However, what we find is that business owners are not spending the time to plan and have not implemented a succession plan and by not having the right plan, business owners could face a significant tax liability on death, a failed business, and poor family dynamics. Core can start the succession planning discussions with you, discover what you want in a succession plan, and bring the rights professionals, such as lawyers and tax specialists, together to implement your plan.

Each succession plan is unique with different planning strategies available whether you are transferring your business to the next generation, selling to a third party, or winding down operations. We can guide you on the strategies that are available.