Services
Frequently Asked Questions
Each answer lives on its service page. Choose a question to go straight to it.
- Exit & Succession
- Surety & Working Capital
- ESOP & COLI
- Buy-Sell Funding
- Family Harmony & Governance
- Insurance & Benefits
Exit & Succession Planning
Read about this service- What is business succession planning?
- How do I choose the best path for my business succession plan?
- Can life insurance help with business succession planning?
- How can I transfer my business to my children?
- What if my children cannot afford to buy my business?
- How do I divide my estate if one child receives the business?
- What happens to my business if I die before I retire?
- How does succession planning affect a construction company's bonding capacity?
- Should my CFO be involved in business succession planning?
- How often should a business succession plan be reviewed?
- Can I start succession planning if I am not ready to retire?
Surety Bonding & Working Capital Protection
Read about this service- What is bonding capacity?
- Why is working capital important for contractors?
- How can succession planning affect bonding capacity?
- Can life insurance protect bonding capacity?
- Can life insurance help a contractor maintain working capital?
- How does succession planning work for a construction company?
- Should my surety company be involved in succession planning?
- Should the CFO be involved in succession planning?
- How can a business owner retire without taking too much money out of the company?
- What happens to bonding capacity when a construction company changes ownership?
ESOP Repurchase Liability & COLI Funding
Read about this service- What is ESOP repurchase liability?
- Why is ESOP repurchase liability important?
- How is ESOP repurchase liability calculated?
- How do ESOP companies fund repurchase obligations?
- What is COLI?
- Can COLI be used to fund ESOP repurchase obligations?
- Does COLI eliminate ESOP repurchase liability?
- Does COLI guarantee future liquidity?
- What happens if an ESOP company does not plan for repurchase liability?
- When should an ESOP company start planning for repurchase liability?
- Should an ESOP trustee be involved?
- How does company growth affect ESOP repurchase liability?
- Can ESOP repurchase liability affect working capital?
- Can ESOP repurchase obligations affect bonding capacity?
Buy-Sell Agreement Funding
Read about this service- What is a buy-sell agreement?
- What does it mean to fund a buy-sell agreement?
- How is a buy-sell agreement funded?
- Why is life insurance used to fund a buy-sell agreement?
- How much life insurance do I need for a buy-sell agreement?
- What happens if my business is worth more than when we created our buy-sell agreement?
- Who owns the life insurance in a buy-sell agreement?
- What is the difference between a cross-purchase and an entity-purchase agreement?
- What happens if an owner becomes disabled?
- Does a buy-sell agreement protect the owner's family?
- How often should a buy-sell agreement be reviewed?
- Can a buy-sell agreement affect bonding capacity?
Family Harmony & Governance
Read about this service- What is family business succession planning?
- How do I know if my child is ready to take over the family business?
- How do I prepare the next generation to take over a business?
- How do I let go of my family business?
- Why is it difficult for business owners to retire?
- Does fair inheritance mean equal inheritance?
- How do I give my business to one child and treat the other children fairly?
- What is heir equity?
- How do you equalize an inheritance?
- Can life insurance help with family business succession?
- What if my children don't agree about the business?
- Should I divide my business equally among my children?
- Can a trust help with family business succession?
- What happens if the successor eventually sells the business?
- How often should a family business succession plan be reviewed?
Insurance & Executive Benefits Planning
Read about this service- What does an insurance planning review include?
- What is key person insurance?
- Can life insurance fund a buy-sell agreement?
- What are executive benefits?
- Why should business owners review existing life insurance?
- What is a 1035 exchange?
- What is premium financing?
- Does DPIS sell insurance?
- When should a business owner review insurance?
