Business Succession Planning

You put your life into your business, and make sure its legacy is preserved… 

For entrepreneurs, putting a business succession plan in place is an important part of designing a wealth management plan. Heath Wealth Management helps privately owned firms with succession planning and management issues. Should there be an untimely death or illness that leaves you unable to run your business, your business and family are properly protected, and your wishes are carried out.

We are entrepreneurs as well and as such, we can share our experiences and formulate a plan that will address tax liability, ownership transfers, vested interests of staff and loyal employees, and any potential legal complications amongst family members and partners or other third parties.

Let's Get Started

We want to hear from you today!

Our team is ready to help you with strategies that help your business sustain itself long after you leave it

  • Non-qualified deferred comp
  • Key Man Insurance
  • Succession planning

Business Retirement Plans

If you’re running a business, you’ve likely got more than enough on your plate. Staying abreast of the latest in retirement planning and regulations is probably not the first thing on your mind every morning. As your business grows, it’s increasingly important to take care of the people in your business that have helped you to get to where you are today. Working with Heath Wealth Management, we can discuss all of the investment vehicles and strategies that align with your business objectives the most. 

We’ll discuss:

  • 403B 
  • 457 
  • SEP
  • SIMPLE
  • 401k
  • Profit-Sharing
  • Pensions

You’ve worked hard to build your business—a little guided preparation will ensure its legacy is passed along according to your plans.

Additional Information About Business Succession Planning

What is a 529 Savings Plan

When you’re sticking to a budget, saving for college tuition’s rising costs often gets pushed to the wayside. And...

Mara Shaughnessy

Mara Shaughnessy serves as an Administrative Assistant with Heath Wealth Management, LLC. Mara graduated with a B.A. from the...

Will Heath

Will Heath, serves as an LPL Financial Planner with Heath Wealth Management, LLC. Will graduated from the University of...