Succession Planning - AQ Group Solutions

Succession Planning

Business succession planning is a comprehensive process designed to assist the business owner in planning for the eventual transition out of business management and the transfer of business ownership upon retirement.

Good business succession planning addresses all eventualities, including retirement funding and the possibility of death or disability of an owner.

Common business succession objectives include extracting income from the corporation on a tax-efficient basis without jeopardizing the viability of the business. There are a number of succession planning strategies that we help our clients implement including Retirement Compensation Arrangements and funding of corporate life insurance to aid in these transitions.