Planning for What Lies Ahead

Building Legacies with Next Gen Strategy

Our Next Gen experts understand what matters most to you. By developing a long-term strategy that is reflective of your business and personal goals, together we will generate, assure, and enrich your legacy.

To successfully transition a business to the next generation, exit your business, or sell your business requires: dexterity when communicating with siblings or children, committed focus on grooming future leaders, impeccable timing in understanding when to make ownership and leadership changes, and financial expertise in minimizing tax exposure while maximizing operational investments.

Our experts can help to develop your next gen plan, navigate the transition, and protect the asset base you’ve worked so hard to build.

Key Contacts

Jim Rein

Principal

Lance Woodbury

Principal

Discovery:
Developing your Next Gen Plan

Next Gen Strategy involves a path of discovery—the vision you have for your business and legacy—making sure that whoever you are transitioning your ‘blood, sweat, and tears’ to will be in a position to take over and effectively run the business.

Succession:
Building and leaving your legacy

Next Gen strategy also includes the development and deployment of your legacy plan. It encompasses trust and estate planning to create an enduring legacy that passes on your values in addition to your assets. It considers your life and goals to accumulate and manage wealth while minimizing taxes, as well as plan for life’s uncertainties and mitigate risks.

Your energy is devoted to the day-to-day realities of running your business as it should be. But proactively planning for the long-term future of your business gives it staying power. In fact, it can increase the value of your business and preserve assets, regardless of the business’ total value. Protecting your business and your family requires a succession plan.

Navigation:
Leading you through the transition—emotionally, financially, and operationally

Next Gen experts will incorporate a qualified appraisal of your business—critical to making strong decisions around timing it right, and to provide greater financial benefits in the long term. We can also help alleviate risk factors related to family structures, litigations, dissolutions, shareholder disagreements, and other considerations when selling, purchasing, or transitioning a business. Learn more about our Transition Navigator Services by watching a short video or downloading our overview.

Transition Navigator Video

Where to begin? Don't worry, we can help you. Our advisory team can help you navigate tough business decisions, emotionally charged family discussions, and entity transitions. Learn more about Transition Navigator in this brief video.

Watch

On this recorded webinar "Transition Planning: Why Do I Need It?" Jim Rein and Jeanne Bernick share stories, strategies, and tips for how and why planning for tomorrow protects what matters most to you today.

Download

Download our succession planning guide to learn about the four essential steps to prepare for a successful succession plan.

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