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Calculators


Got a question that involves number crunching? Use the calculators on this page to find the mathematical answer to the most commonly asked number-crunching questions, and see your inputs displayed next to the graph, chart, and/or table output in a side-by-side display.

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Business Succession Strategy Calculator
Sell your business interest at retirement
Sell your business interest at death
Turn over your business interest to your children
Sell your business interest in case of disability
Minimize the value of your estate for federal estate tax purposes

Please select any combination of goals to determine which business succession strategy may meet your needs.


Business Succession Strategy Calculator
The following strategy options are grouped by level of appropriateness. Appropriate strategies for you will depend on your individual circumstances. A wide variety of business succession strategies and tools are available to help you meet your planning objectives. Your best outcome may be achieved using multiple strategies and tools.
Appropriate
These strategies may be appropriate:
  • Use a buy-sell agreement-- A properly executed buy-sell agreement can be used now to guarantee the immediate sale of your business at your retirement.

Caution
These strategies may not be appropriate:
  • Sell to family during your lifetime-- You may be able to sell your business outright at your retirement, but there is no guarantee, and there may be a delay before you receive any proceeds.

  • Sell to nonfamily during your lifetime-- You may be able to sell your business outright at your retirement, but there is no guarantee, and there may be a delay before you receive any proceeds.

Not Appropriate
These strategies will not achieve your goal(s):
  • Sell to family at death-- A sale at your death won't provide you with income for your retirement.

  • Sell to nonfamily at death-- A sale at your death won't provide you with income for your retirement.

  • Make lifetime gifts-- Gifting your business will not provide you with income for your retirement.

  • Transfer at death via will or trust-- Transferring your business interest at death via your will or a trust won't provide you with income for your retirement.




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     Goldberg, Clouse & Edgell • 5008 Pine Creek Drive Ste. B • Westerville, OH  43081 • Tel: (614) 895-0123 • Fax: (614) 895-0365 • Email: ric@gcellc.com

    Securities offered through Kestra Investment Services (Kestra IS), member FINRA/SIPC. Investment Advisory Services offered through Kestra Advisory Services (Kestra AS). Goldberg Clouse & Edgell  is a member of PartnersFinancial a platform of NFP Insurance Services, Inc. (NFPISI). Goldberg Clouse & Edgell and NFPISI is not affiliated with Kestra IS or Kestra AS. Kestra IS and Kestra AS do not offer tax or legal advice.
     

    This site is published for residents of the United States only. Registered Representatives of Kestra IS and Investment Advisor Representatives of  Kestra AS may only conduct business with residents of the states and jurisdictions in which they are properly registered.  Therefore, a response to a request for information may be delayed. Not all of the products and services referenced on this site are available in every state and through every representative or advisor listed.  For additional information, please contact Kestra IS Compliance Department at 512-697-6000.

    This communication is strictly intended for individuals residing in the state(s) of AL, CA, FL, GA, ID, IL, IN, KS, LA, ME, MD, MI, MS, NJ, NM, NY, OH, PA, RI, SC, TN and VA. No offers may be made or accepted from any resident outside the specific states referenced.
     


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