Estate & Succession Planning
Many business owners will be approaching retirement over the next 10 to 15 years. However, few have made any succession or estate plans to transfer ownership. Many plan to sell or pass down their company to their children – but how do we do this and maximize the value? What happens in the event of a premature death – how are capital gains taxes paid? How can we maximize the value to be passed onto family or charity?
CMW Financial assists clients with all of these concerns and reducing the overall impact of taxes. We draw upon a suite of tax preferred products and the creative use of permanent life insurance.