DMJ Services

We deliver each of our services through a team of financial professionals who adhere to the highest standards of our industry. And when you become a DMJ client, everyone on our team works for you.

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DMJ Services

We deliver each of our services through a team of financial professionals who adhere to the highest standards of our industry. And when you become a DMJ client, everyone on our team works for you.

Succession Planning

Succession and exit planning is an orderly process by which the ownership and management of a business are transferred to the next generation in a tax-effective manner. It is a highly personal process; there is not a ″one size fits all″ plan. Every plan must consider the unique individual circumstances of its situation. A successful exit and succession plan is one that can be easily updated to the current state of affairs.

A well designed exit plan enables business owners to:

  • Control the process and timing of their business exit
  • Achieve their personal financial goals
  • Maximize their company′s value
  • Facilitate their retirement
  • Explore all available options for their exit
  • Promote long term growth and survival of their business
  • Minimize taxes on the transfer or sale of their business

Failure to have an exit plan typically results in:

  • Not achieving the highest value for a business
  • Poor control of timing or strategy of the exit plan
  • Family fairness issues
  • Additional income and estate taxes
  • Lack of  longevity of key employees concerned about future control of the business
  • Uncertainly for all stakeholders