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Corporate Financial Strategy  / / / / /

Exit Strategy and Succession

Business Exit Strategy Planning

Maximizing the Value of Your Business

The truth is, every business owner believes the business is worth millions, but only a lucky few ever realize that value! Allow the professionals at Paradigm Gilbert Consulting to design what we call the PRSPlan™

It will unleash the value of your business TODAY and put that money to work in an asset class that provides for the market’s upside potential and could provide you with a relatively predictable stream of tax-free income when you need it the most

Each PRSPlan™ is custom designed. The beauty of our custom-designed plan that provides tax-free retirement income for you is that it enables your key person and/or next-generation family member to more easily take over the business

At Paradigm Gilbert Consulting, we’ll show you how!

Phone Consultation | Paradigm Gilbert

Business Succession Planning

Life insurance is purchased by a business on partners.

Creating and implementing a business succession plan will provide several benefits to owners and partners.

It can ensure an agreeable price for a partner’s share of the business and can eliminate the need for valuation upon death because the insured agreed to the price beforehand.

The policy benefits will be immediately available to pay for the deceased’s share of the business with no liquidity or time constraints. This effectively prevents the possibility of an external takeover due to cash flow problems or the need to sell business or other assets to cover the cost of the deceased’s interest.

The death benefit proceeds will be used to buy out the deceased partner’s share of the business and distribute it equally among the remaining partners.

A succession plan can greatly aid in allowing for timely settlement of the deceased’s estate.