Three Certainties In Life

There is an old saying – there are two certainties in life…death and taxes. 

DEATH

+

TAXES

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There is an old saying – there are two certainties in life…death and taxes. 

DEATH

+

TAXES

+

BUSINESS
SUCCESSION

For a business owner there is a third certainty and that’s business succession.

↓ Next ↓
↑ UP

A Business Succession Event Will Happen

DISABILITY?

RETIREMENT?

DEATH?

» » YOUR BUSINESS TIMELINE » »

TERMINATION?

DIVORCE?

BANKRUPTCY?

↑ UP

Without A Buy Sell

UNCERTAINTY

  • Family income
  • Family benefits
  • Family receiving fair value for the business

INSTABILITY

  • Impact on business
  • Impact with lenders
  • Business cash flow
  • Family interference

INSECURITY

  • Does this keep you up at night?
↑ UP

With A Buy Sell

CERTAINTY

  • Family income
  • Family benefits
  • Family receiving fair value for the business

STABILITY

  • Impact on business
  • Impact with lenders
  • Business cash flow
  • Family interference

SECURITY

  • Does this keep you up at night?
↑ UP

Common Types of Buy Sell

ENTITY PURCHASE

CROSS PURCHASE

HYBRID

National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT, Life Insurance Company of the Southwest, Addison, TX and their affiliates. Each company of National Life Group is solely responsibility for its own financial condition and contractual obligation. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York.

The companies of National Life Group® and their representatives do not offer tax or legal advice. For advice concerning your situation, please consult with your appropriate professional advisor. TC89242(0316)P

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