At Baratz & Associates, PA, we understand the nuances and sensitivities involved in estate planning and business succession planning. With the merger of RKG, we now have an attorney-CPA on staff to assistant in documents and estates in Pennsylvania.
We provide extensive personal services for estate planning and will coordinate with your attorney and financial advisors to ensure comprehensive planning. We are affiliated with CORA Capital Advisors, a financial planning firm with decades of experience in helping both individuals and companies manage finances, benefits, investments and insurance.
If you own a family business, retirement isn’t simply a matter of deciding not to go into the office anymore. You’ve got some critical questions to answer like…
“What happens to the business when you’re no longer running it?” and
“Will you have enough money to retire?”
The family dynamic complicates the whole transition because of the relationships and emotions involved. Most people are not comfortable discussing topics such as aging, death, and financial affairs.
Comfortable or not, succession planning should be a priority for any family business considering that more than seven out of ten family-owned businesses fail to survive the transition from founder to second generation, typically falling prey either to estate taxes or family discord – or both.
Developing and implementing a well-designed succession plan is essential to the survival of a family business from one generation to the next.
We help you with these key issues –
What we do for you…
Once we understand how you feel about the key issues above, we begin constructing your succession plan focusing on these 5 issues…
For more information on our Estate Planning and Business Succession, contact us or visit coracap.com.
I have worked with Robin Kramer & Green for over 50 years, using their advice for both my professional and personal needs. Their advice is always spot-on and they have a way of explaining things in a way that is both soft-spoken and well-guided.Retired physician