The Art of Wealth Management

Case Study: Selling A Business

These stories are hypothetical examples of how Dodds Wealth Management Group could assist clients in various situations. Personal information has been used as a basis for each example, but each has been modified to protect our members’ privacy.

*Please note that the information below is not a client testimonial, but instead is an example intended for general information only, and is not predictive of your individual results. Your results will vary. These are illustrative of the types of clients we serve.

There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.

This information is not intended to be a substitute for specific individualized tax or legal advice, We suggest you discuss your specific tax or legal issues with a qualified tax advisor or attorney.

Selling A Business

David has been working since he was a teenager. Now, as a software entrepreneur in his late fifties, he is ready to sell his thriving business to a large corporation and enjoy an early retirement.

While that sounds good, David isn’t sure how to live without the steady comfort of receiving a paycheck. He also wants to take care of his wife and four children no matter what happens to him.

Dodds would create a cash-flow plan that seeks to allow David and his family to continue with their current lifestyle. Using our Caribbean Strategy, we would discuss with David the option of using a portfolio of dividends generating investments to help provide an income stream during retirement.*

Plus, we would use gifting and other tax-friendly strategies to enable David to share his accumulated wealth with his family while minimizing the tax impact now and for decades to come

By giving David the regular income he’d grown accustomed to during his 40 years of work – and helping provide his family with a structured financial future – David could be able to more fully enjoy his retirement with his family and the rewards of all those years on the job.*

*Please note that the statements above are for general information only, and are not predictive of your individual results. Your results will vary.