SUCCESSION PLANS
Looking to sell or gift your business, shares or assets to family, employees, or others?
Integration of employees or family into your investor group, and the transfer of wealth prior to retirement or death are unique issues that every organization must address.
AIM Capital will provide you with succession planning advice while you are in a leadership role. We specialize in developing succession planning strategies and the implementation process.
During the development of your succession plan and program, we will explore: goals and objectives, exit strategy, business valuation, business structure and organization, tax and legal considerations, estate planning, successor selection and training, contingency planning, conflict resolution, timelines, and a communication plan.
A draft of your succession program will be developed with you and your legal advisor.
A detailed transition plan is included.
We will help you establish goals that are: specific, measurable, attainable, realistic, and timely.
We will help you answer succession questions such as:
- Picking the best executor-It is not as easy as you might think
- What could possibly go wrong
- Planning for blended families
- Why professional help is important
- How tax planning can lead to a bigger estate
- A will is not the only agreement you need
- Planning for a beneficiary with disabilities
- Creating a legacy for your family and yourself
- Shareholder agreement preparation
- Annual shareholder agreement valuation.