John has devoted his working life to building his successful business, but now it is time to reap the fruits of his labor and sell it. It’s an emotional decision that raises many issues. What is the business really worth? Should he transfer ownership to family members or employees, or perhaps an outside party? How can he pull money out in the most tax-efficient manner?

We would work together with John to valuate his business, create a succession plan designed to maximize its financial potential, and address all the details essential to all parties concerned – especially him. We would collaborate with an attorney who was familiar with mergers and acquisitions, a specialist who fairly valued the business, and an insurance firm that would provide funding.

This investment profile is hypothetical and not indicative of any specific situations or clients. It is presented only as an example and not intended as investment advice. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Raymond James financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.