Business Succession / Transition Request a Quote Maximize Your LegacyYou’ve accomplished a lot in your life. Now you have another goal – to create a wealth transfer plan that benefits the people and causes that are important to you. This may require more than just a Will. With a professional estate plan, you can direct how and when you want to benefit others. The legacy you leave behind are priceless and make a difference for generations to come. FARM AND BUSINESS SUCCESSION TEAMIn coordination with members of the Americana Insurance Group Team we have created a Farm and Business succession team. In addition to our team members we also include these individuals as part of the planning process. Even though you can use any Financial, Estate Planner and Attorney of your choice we have created this team for those individuals that would like to work with that our agency has a strong relationship with and understands the needs of our clients and prospects.Abby LeachAttorney and Owner of Leach Law PLLC in Albert Lea, MNJolene HonkompCLU, ChFC, CLTC - NOAH Insurance GroupThings to Consider with a Business Succession/Transition planWhere do you start when it comes to planning the future of your business? You can start right here. Americana Insurance Group has built a team of experts to help walk you through the planning process of your transition plan. Some questions to ask yourself are What are your personal plans for the future?What’s your plan for the future of the business?Who will own the business when your gone?What needs to be done to get the successor ready?How will the successor acquire your business interest?What do you think your business is worth? How much do you need for retirement? How much would your family need if your gone? Do you have a written ownership and management agreement? Is there adequate Life Insurance to fund a buyout of others and to pay off taxes, debts, and income for surviving members? Have you planned for Long Term care expenses?Do you have updated wills? What if multiple children want to continue in the business? How can you make that work? Are there any hurdles that could cause conflict in a plan? These are all questions that we as a team can help you set up a plan and process to help make your wishes happen and for you to leave a legacy. Why We're DifferentWhile most insurance products are similar in price and function, insurance providers are very different when it comes to structuring a plan that actually accomplishes what you want to do.There’s no such thing as a one-size-fits-all plan when it comes to your business.We’re your neighbors. We protect businesses and people we know and care about, and that means we always look for ways to protect you better, including carefully choosing the insurance companies we represent to be both affordable and responsive.Contact us and let the professionals at our company help you forge the strongest shield possible to help you protect the things you are working hard to build.