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For family business owners, our Comprehensive Succession SolutionTM includes planning for:
Legacy by Design provides hometown service from
coast to coast.
Legacy by Design, LLC
Do you know the risk?
Succession is the watershed issue facing America's farmers, ranchers, and agribusiness owners!
“If a family has not adequately planned for succession, the farm is likely to:
- Go out of business
- Be absorbed by competitor
- Be converted to other uses."
(From the USDA)
Multigenerational success is difficult and rare. Evidence shows that most families don’t have a plan for succession and don’t know where to begin, or even who can help. Families often find themselves overwhelmed, and underprepared for a generational transition.
Far beyond legal documents and life insurance, a comprehensive succession plan includes provisions for ownership transition, leadership development, financial security, and the estate tax. Legacy by Design provides the information, tools, and resources necessary to plan for succession and prepare for a next generation of farming success.
Why Legacy by Design, LLC?
- Bring creative design to your succession planning efforts, including your ownership transition, financial security, retirement options, and estate tax strategies.
- Coordinate with your other advisors, such as your accountant or attorney, to help ensure cohesive and comprehensive wealth creation and preservation strategies.
- Serve as a catalyst for achieving your family’s financial security and succession planning objectives.
- Engage in long-term relationships, which respect your confidentiality.
- Provide alternative solutions to help you make informed decisions.
- Assemble the core resources you need to protect and preserve your family’s financial security.
- Successful farmers, ranchers, and agribusiness owners who seek to grow wealth and expand opportunities which may endow the family for generations.
- Self-driven agripreneurs who do not have the time or expertise to manage their family’s financial security and develop a next generation leadership structure to assume control.
- Family business owners who are experiencing a gap among the services offered by traditional advisors and desire comprehensive and coordinated solutions.
- Entrepreneurs who want to develop a strategic plan to build a better future, and establish the foundation for a better business – today and tomorrow.
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