Business Succession Planning – At SFG our roots were established working with entrepreneurs and privately held business owners. We advise our clients to seamlessly ensure the transition or sale of their business by utilizing buy-sell or cross purchase agreements or other appropriate financial instruments. Properly structured, these legal agreements orchestrate the payment of income and estate tax and create the necessary liquidity and capital needed to keep the business fully operational.
Keyman Concerns – At the core of every successful business is the concern retaining the top talent. SFG provides Intelligent Solutions to help retain the best and brightest employees as well as protect your business from loss exposure. Today, it’s not a matter of can you afford to fund this type of plan, it’s now a matter of can you afford not to. We bring a unique perspective and approach to provide smarter benefit solutions for both employers and employees; a proverbial win-win for all parties.
Income Tax Mitigation – Given the current income tax environment, SFG can recommend a variety of income tax advantage strategies. For many entrepreneurs or privately held business owners, retirement planning and entity restructuring may be possible on a tax-deductible basis.
Asset and Creditor Protection – In the state of Illinois, the cash value of a personally owned life insurance policy may be protected from creditors in some situations. SFG can provide consultative direction to address asset protection utilizing trusts and financial instruments and properly structured insurance products.