Broker Check

Actively Selling the Business

Name: David
Age: 65
Challenge: He was about to sell his business, but one wrong move could cost him millions in taxes and derail his retirement security.

David is working through the sale of his business, and the process has become more complex than he ever anticipated. He’s juggling input from his business advisor, attorney, and tax professional, and what he really needs is someone to step in as “quarterback” while keeping his personal financial future front and center.

Soon, he’ll have a sizable lump sum of cash, and he knows he’ll need to turn it into tax-advantaged income for his next phase of life. But one wrong move, and he could end up with an unruly tax bill or inadvertently take on too much risk with his portfolio.

This is a milestone event in David’s life, and he needs reassurance that each decision is in his long-term best interest.

How We Help
While David and his business advisor and attorney are busy brokering the sale, we make sure all aspects of his personal financial life are in good working order. Receiving a large windfall (like the profits from a business sale) has the potential to greatly impact David’s tax situation. We find opportunities to minimize the tax blowback while optimizing these assets to support whatever comes next.

We helped David by:

  • Stress-testing deal structures so he clearly saw which path left him with the most after-tax wealth.
  • Coordinating with his CPA and attorney so the transaction was airtight and aligned with his retirement goals.
  • Designing a multi-year tax strategy (Roth conversions, charitable planning) to smooth out income spikes.
  • Turning the lump sum into a reliable, tax-efficient income stream that gave him confidence about life after the business.

Result: David sold his business, knowing he maximized value, minimized taxes, and secured his financial future.

Equitable Advisors and its associates (including those conducting business under the Panning Wealth, LLC name) and affiliates do not provide tax, accounting, or legal advice or services. You should work closely with your own professional advisors accordingly.

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