Create a succession plan
If you have a family-owned business, it may be time to consider a succession plan to pass the business on to the next generation.
From the first day I opened an account, I had personal connections with several of the people. Every time I come into the bank they make eye contact with me and call me by name. That’s what makes me feel like a valued customer.
Look to the Future
Often, the main concern of a family business is how to orchestrate the conveyance of your successful business, while maintaining peace within the family. We help you look at the "big three" issues:
- Future management
- Future ownership
- Potential tax consequences
Working with your legal and tax advisors, we offer guidance to help smooth the transition.
Investing and wealth management products are not FDIC insured, have no bank guarantee, may lose value, are not a deposit and are not insured by any federal government agency.