Build Your Plan
Build Your Plan

Business
Succession

Plan your leadership transition.

Build Your Plan

Secure the Future of Your Business

As an owner, your succession, retirement and estate planning needs are often intertwined. In addition, your business is often the largest and most illiquid asset. Without a formal buy/sell agreement and funding strategy, there’s no clear plan for your retirement, sudden disability or untimely passing. This scenario can result in your family or your partners not realizing the full value of your interest. You need a plan that sets a fair price for your business, defines the transition terms and secures the funding to make it all happen.

Build Your Plan

Solutions for Business
Succession

Buy/Sell Agreement Planning
Draft an agreement that defines exactly what happens upon your retirement, disability or death. Note that existing contracts may need to be updated per the Connelly v. United States case (2024)
Business Valuation Methods
Establish a clear and fair method to value your interest in the company.
Transition Funding Strategy
Design a plan that optimizes leverage and tax benefits to fund the buyout
Family Trust Transfers
Pass your business to your children while minimizing the impact of estate and gift taxes.
Inheritance Equalization
Create a fair inheritance for children who are not involved in the business.
Strategic Exit Planning
Evaluate all of your exit options to maximize after-tax proceeds and key employee retention while preserving critical client/vendor relationships.

Leave a Legacy of Leadership

Trustmark’s succession plans protect your family, partners and company from the unknown. Secure your exit strategy with clarity and purpose. Let’s preserve your legacy together.

Build Your Plan