A large, privately-held business was managed by family members; however they did not have an established, funded succession plan in place. Additionally they owned an extensive real estate portfolio that was not appropriately or adequately insured. Solution: We helped create an interfamily succession and key person insurance solution using a Captive Insurance Company. In addition, during the risk management review process, we discovered that some of the properties were expose

Successful professional services firm valued at $10,000,000 with 4 partners did not have a formal business succession plan in place. Lack of a plan exposed the firm to financial hardship and legal awkwardness. Solution: We designed a cost effective plan that: Provided the legal framework to protect the partners and the business in the event of death, disability or early exit of a partner Created a funding solution using insurance to guarantee the success of the plan Improved