Business Succession Planning

Business Succession Planning Overview

Keep it in the family?  Sell to a partner?  Put it on the market?

Our step-by-step succession plan analysis includes:

  • Understanding the business succession techniques and alternatives
  • Planning for the tax* consequences of transferring a family business
  • Knowing your retirement plans after the transfer is complete
  • Helping you understand the emotional impact of selling a business

Business Succession Planning Services

  • Wealth creation and conservation strategies
  • Personal planning for senior executives 
  • Retirement planning 
  • Estate plan design 
  • Estate tax funding alternatives 
  • Charitable giving strategies 
  • Trust funding 
  • Buy/sell agreement design and funding*
  • Executive compensation strategies
  • Non-qualified benefit planning: 
    • Deferred compensation 
    • Executive bonus arrangements 
    • Incentive compensation plans 
    • Supplemental retirement plans

Let's Start The Conversation



* Ster Savings Bank, N. A. and its representatives do not provide legal or tax advice. Individuals should consult their personal legal/tax advisor(s) before making legal/tax-related decisions.

** This is a hypothetical scenario based upon typical experiences. Any resemblance to actual individuals, living or dead, is coincidental.


Investment and Insurance Products Are:
Not FDIC InsuredNot A DepositNot Insured By Any Federal Or State Government AgencyNot Bank GuaranteedMay Lose Value