Difficult Situations

Perhaps you are dealing with a void left from a sudden death, attempting to resolve family tensions, or working through a difficult divorce. In each case, having someone who can think through the dynamics of the entire situation is extremely valuable. And getting straight-forward advice based on your specific scenario is key to a successful resolution. Our CPAs and consultants have the technical and practical experience to achieve your goals, weighing the emotional issues and effect on each individual involved, and overcoming obstacles.

CASE STUDY: Left to handle the business after her husband’s unexpected death, a wife reached out to K·Coe Isom for assistance. Uninvolved in the business and overwhelmed with grief, she wasn’t sure what to do. We explained the legal responsibilities related to the business, created short- and long-term task lists with due dates, managed the finances, helped sell assets, and created an estate plan for her. She was relieved to receive our guidance in areas she was unfamiliar with and advice regarding several difficult decisions.

CASE STUDY: A business owner seeking to share the value of his business with the children not active in the business turned to K·Coe Isom. We were able to facilitate meaningful dialogue, specifically given family dynamics, and allocate shares of the business in a fair manner. By considering the economic impact on each individual, we provided a solution that resulted in family harmony and business continuity with minimal disruption. Communicating throughout the entire process, we gained family member buy-in and they achieved certainty in knowing what was going to happen.

Contact Doug Mitchell at 970.685.3500 for advice and counsel to move you and your family forward.

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