Resonant Financial Management Succession Planning

Succession Planning

When you own a business, you enjoy a blend of freedom and responsibility. You may watch your kids play sports and vacation might mean you get up early and do the work before the day starts.

Sometimes, there are fires that smolder and fires that rage. You may or may not have a person who shoulders the burden when you're out of the office.

When does the treadmill stop? Can you afford to find another way? You're the most important person in many people’s lives. Now what?

More questions to consider: If you get sick, what will happen? When you are ready to call it quits, what will happen with your business? If you have a blended family with children working in the business, what happens if you die?

These can be tough thoughts to contemplate, but not always tough to prepare for if done early enough. We're here to help quarterback the team and work through these tough issues with you.

Resonant Financial can assist business owners with:

Family trusts
Buy-sell agreements
Profit sharing plans
ESOPs
Wills
Stock plans
Key person insurance
Other items

For a comprehensive review of your personal situation, always consult your legal advisor. Neither Cetera Advisor Networks LLC, nor any of its representatives may give legal advice.

You might also like: Retirement Plan Services/401(k) Exchange

Navigating Retirement Pitfalls

Why are they made again and again? Making sense of these errors in judgement.

Learn More

The Cycle of Investing

Understanding the cycle of investing may help you avoid easy pitfalls.

Learn More

Prescription Drug Benefits Under Medicare (Part D)

Do you need to enroll in Medicare Part D? Read this article to learn more about whether you need this coverage

Learn More

The Financial Literacy Crisis

Many Americans are operating their personal finances with only the barest minimum of knowledge.

Learn More