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Business Succession Planning Framework

asset protection

Asset Protection

Asset protection planning aims at helping to safeguard business owners’ wealth from potential risks like lawsuits, creditors, to maintain financial security for both the owner’s family and their businesses.

wealth planning

Buy and Sell Arrangement

Buy and Sell arrangement is a concept where the shareholders of the business decide to buy each other out at an agreed price if trigger by various events..one very common trigger is death.

LPA

Credit Protection

The core purpose of credit protection is to reduce risk and safeguard a portion of the business owner's assets designated for their family. This involves creating an effective strategy to ringfence certain assets of the business owner from potential creditor claims.

succession planning

Director/Keymen

Businesses rely on key individuals for leadership and operations. Owners must consider the impact of death or disability of these key figures on business goals, as it can also affect personal objectives due to the close ties between personal wealth and the business.

real estate planning

Executive Reward and Retention

Every business owner relies on one or a few key individuals to assist in running the business. This importance is often reflected in terms like "right-hand man." Consequently, these crucial employees necessitate a targeted and strategic reward and retention program to ensure their loyalty to the business.

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