Selling Your Business
Top 12 Reasons for Business Valuation
1
98% of business owners don't know their value.You can’t grow your value and optimize it without knowing where you are today.​
2
Better understand Your Business and its potential​
3
Know the value of your largest asset so you can plan for Retirement
4
Ensure the business and your family are Properly Protected
5
Create a Succession Plan
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6
Pay the right amount when you Buy a Business
7
Get what it is worth at Sale
8
Create Buy/Sell Agreements with business partners
9
Explore Funding Opportunities
10
Establish a Trust or create an Estate Plan
11
Prepare for Taxable Events such as gifting or grants
12
82% of all businesses owners that knew their value at least 18 months before their sale, increased their sale price by at least 14%
Frequently Asked Questions
Why is it important to work with an experienced estate planning attorney?
Estate planning involves complex legal and financial matters. An experienced attorney who deeply understands the nuances of estate law and can ensure your wishes are properly documented to avoid costly mistakes or family disputes down the road. Mark has helped many clients like you navigate this process.
How can I be sure my assets will be distributed according to my wishes?
As part of the planning process, Mark will take the time to understand your unique situation and goals and will draft comprehensive legal documents that clearly spell out how you want your assets distributed upon your passing.
I'm concerned about probate costs and delays. How can I avoid this?
An experienced estate planner can help you set up a revocable living trust. With proper funding, this allows your assets to be smoothly distributed outside of probate court when the time comes. This saves money, maintains privacy, and prevents delays.
What if I become incapacitated? How can I ensure my wishes are carried out?
Part of a solid estate plan includes planning for incapacity. Mark can draft both financial and medical powers of attorney so your spouse or others can make decisions on your behalf if you cannot. He can also provide you with an Advanced Directive for Healthcare, also known as a Living Will. This provides clear guidance to your family and friends about decisions such as being given a feeding tube or being hooked up to machines to artificially prolong your life.
How do I protect my loved ones and ensure a legacy?
A comprehensive estate plan aims to protect and provide for your loved ones according to your values. From asset protection to business succession planning to charitable giving strategies, Mark can help you implement robust solutions unique to your family’s situation.
My situation is unique and complex. Can your firm handle that?
Absolutely. Mark has decades of experience assisting clients with complex estates involving multi-generational trusts, business interests, blended families, and more. We're committed to developing customized plans suited to your specific situation. Contact us today to get started protecting your legacy with experience and care you can trust.