Plan a graceful exit.

Just as we’ve guided hundreds of business owners and partnered with their advisors, we can help you:

  • Determine and satisfy your personal financial security requirements
  • Structure the future ownership and leadership of the company
  • Prepare your heirs, the business, and employees for the transition
  • Preserve and protect your family’s assets for multiple generations
  • Maintain and improve key relationships with family and employees

Make the most of your transaction.

We’ve also helped business owners maximize their transactions by:

  • Preparing a company for third-party sale to maximize value
  • Creating a path to retain key employees
  • Minimizing income and estate taxes while reducing transaction risk
  • Maximizing philanthropic planning and charitable legacy
  • Addressing business continuity and contingency planning concerns

 

Don't Take Our Word For It

“Perkins has the brightest, most attentive associates I’ve had the pleasure to work with. They are proactive when it comes to tax planning, thorough in their reviews, extremely knowledgeable, willing to help, and most importantly, they take the time to understand intricacies and specifics of our businesses.”

Becky Howell
Cryopartners LLC

“I love the relationship that we have with Perkins. Top to bottom, the organization is so professional, knowledgeable and genuinely seems to look out for my/our wellbeing. A true partner in every sense.”

Eric Gregg
ClearlyRated

CASE STUDY

Ownership & Succession Planning

BACKGROUND

Mom and Dad, ages 72 and 74, each own 50% of a manufacturing company with annual revenues of $25+ million. They want to transfer the company to their daughter—who is active in the business—while retaining the commercial real estate and other assets for their non-active son. 

CHALLENGE

80% of the owners’ net worth is tied up in the company, and their financial security is dependent on their daughter’s ability to run the company. They are unsure how best to structure the ownership transfer while maintaining operations and retaining control. They are also unsure how to structure their estate fairly for their son and ultimately pay the inheritance taxes. 

SOLUTION

We worked with all the family members and their other advisors to design a tax-efficient ownership transition strategy that met Mom and Dad’s financial needs while maintaining sufficient operating capital for the business. This strategy provided time for the daughter to develop her skills while the parents built their personal liquidity to reduce their risk and equalize the estate for their son. 

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