WEALTH MANAGEMENT

Business Succession Planning / Personal Succession Planning

Comprehensive business and personal succession planning helps closely-held businesses, their owners and other individuals manage risk, protect value and provide a smooth transition to the next generation of ownership.  Skjold ▪ Barthel offers customized succession planning services, including:

• Continuance and exit planning
• Equity rights
• Wills, trusts & probate 
• Long-term care planning
• Charitable and planned giving
• Retirement and tax planning

Our closely-held business focus and tax knowledge allows transactions to be structured and closed to meet the requirements of the law for the maximization of your wealth. 

Visit our newsroom for articles on a variety of succession and estate planning topics.

Important Estate Tax Update

Failure of Congress to extend the Estate Tax provisions of recent years will mean that estates as small as $1 million dollars will be taxed and rates will reach 55%. Much of the insurance planning of the past several years has assumed a $3.5 million exemption. As a result, the benefits of such planning may be significantly altered. All estate plans should be reviewed as soon as possible to allow time for corrective action.

READ MORE  ABOUT THE ESTATE TAX HERE.