Joshua;
Would you like to retire in 2010? Are you seeking a qualified buyer for your business? Do you need to convert your business assets into lifetime retirement income? If these goals apply to you, a Structured Tax Deferred Business Sale is an exit strategy designed to accomplish these objectives.
1. What is a Structured Tax Deferred Business Sale? It is the sale of closely held corporate stock to an employee trust. The employee trust controls a defined contribution benefit plan (regulated under ERISA) that will provide retirement benefits to employees from future profits of the business. The trust buys the business owner’s closely held stock for the beneficial interest of your employees.
2. What are the benefits of a Structured Tax Deferred Business Sale?
A. It eliminates uncertainty associated with finding a buyer through business brokers, intermediaries or advertising.
B. It converts the Fair Market Value of illiquid closely held stock into lifetime retirement income.
C. It avoids or reduces business brokerage fees.
D. Confidentiality is maintained! There is no need to disclose confidential information to "tire kickers" who could misuse confidential information.
E. Capital gains taxes can be deferred indefinitely for shareholders of C corporations.
F. No cash down payment is required to qualify for financing.
G. An independent business appraisal determines the Fair Market Value of the business.
Charles Wright 407-443-9636
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