Planning now to create, operate and exit your company will result in you and your family receiving the best possible results, both now and after your retirement. Even if you are not planning to stop working, you need to plan for the day you cannot run your business due to unforeseen illness or death.
Whether you are just starting your business and would like counsel on business structure or you are looking forward to the day you can retire, Michaelson and Associates, Ltd. is here to help you. Most business owners do not take the time to manage their business properly or plan for how they will leave their business.
Planning for how you will exit from your business should be an integral part of your estate and retirement planning. Proper planning now can provide you with retirement income, reduced income and estate taxes, and even let you benefit a charity if you so choose, regardless of whether you transfer your business to family members at discounted values, to employees, or to an outside buyer. In today’s market, the economy and trends are affecting the timing and value of business transfers.
Planning now to exit your company will result in you and your family receiving the best possible results, both now and after your retirement, disability or death. You can receive retirement income; you can transfer your business to your family, your employees or an outside buyer; you can make a difference for a charity or your community; and you can do all of this with reduced income, gift and estate taxes.
Our corporate division is dedicated to building and sustaining the corporate economy. We have an array of corporate services that can be of great benefit to your business, that include:
Organization and formation of Corporations, Limited-Liability Companies and other business entities
Strategic planning for capital formation, succession planning, partnership and shareholder relationships, executive compensation, operational and compliance practices, etc.
Contract services for relationships with employees, customers, vendors, joint-venture partners, etc.
Merger and Acquisition services that include negotiation, due diligence, purchase agreements and closing services.
Corporate Record Keeping services that is designed to protect the integrity of the corporate structure and document important corporate transactions.
For information about our Corporate Service Plan (CSP), contact us.