7467 State Route 22
New Alexandria, PA 15670
Office: (724) 668-7900

Business Owner Succession Planning

Leaving your business to your family should not be left to chance.

At Mosaic, we have worked with clients from every conceivable type of independently owned, family-owned and familycontrolled business. We have seen poor succession planning damage not only businesses, but precious family relationships. Over the years, we have come to believe that there are three steps to successful business succession planning:

  • Select and adequately develop the next generation of management, regardless of whether you plan to sell or keep the business in the family
  • Decide when and how to transfer your business
  • Minimize the impact of taxes so that your family, company and employees are not at risk

If you plan to pass the business to your heirs, it is critical that you have a plan for paying estate costs, providing income for your spouse and family and equalizing distribution to your children. Our business succession specialists can review any buy-sell agreement already in place, check for any inequities between families or help you consider maintaining control of the business while building in ownership flexibility.

Issues such as selling your business, establishing fair market value, finding a buyer and considering how to appropriately invest the proceeds are also important parts of any business ownership plan.

The Menu of Solutions™ that will be covered as part of your plan may include:

  • Tax-advantaged transfer of your business
  • Spousal and family support
  • Equalization among heirs
  • Early inheritance
  • Guardianship
  • Wealth management
  • Executive compensation

David Estatico is a registered representative of Lincoln Financial Advisors Corp.

Securities and investment advisory services offered through Lincoln Financial Advisors Corp., a broker/dealer (member SIPC) and registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. It is not our position to offer legal or tax advice. Mosaic Wealth Consulting is not an affiliate of Lincoln Financial Advisors Corp.  CRN-2103723-042718.

Unless otherwise identified, registered associates on this website are registered representatives of Lincoln Financial Advisors Corp. Securities offered through Lincoln Financial Advisors Corp., a broker/dealer (member SIPC). Investment advisory services offered through Lincoln Financial Advisors Corp. or Sagemark Consulting, a division of Lincoln Financial Advisors Corp. a registered investment advisory. Insurance offered through Lincoln affiliates and other fine companies and state variations thereof. Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. Firm disclosure information available at www.LFG.com.

We are licensed to sell Insurance Products in the following states: Alabama, Arizona, Florida, Georgia, Illinois, Kentucky, New York, Maryland, Ohio, Pennsylvania, South Carolina, Texas, Virginia, West Virginia, and Wyoming.

We are registered to sell Securities in the following states: Alabama, Arizona, Colorado, District of Columbia, Florida, Georgia, Illinois, Kentucky, Maine, Maryland, New Jersey, New York, Ohio, Pennsylvania, South Carolina, Texas, Virginia, West Virginia, and Wyoming

*Mosaic Employee Benefits is a separate entity and is not affiliated with Lincoln Financial Advisors Corp.

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