In this article reprint from WealthCounsel Quarterly, President of Wilmington Trust Emerald Family Office & Advisory® Don DiCarlo and Director of Wealth Strategies Matthew Lee discuss advising business owners on an exit in a heightened interest rate environment. The article examines four primary strategies a business owner may use when selling their business, namely selling to a third party, insiders, employees, or a family member; how the current rate environment might impact each strategy; and the planning opportunities that advisors and their business-owning clients should consider when planning for an exit.
Please see important disclosures at the end of the article.
Wilmington Trust Emerald Family Office & Advisory® is a registered trademark and refers to wealth planning, family office and advisory services provided by Wilmington Trust, N.A., a member of the M&T family. Wilmington Family Office is a service mark for an offering of family office and advisory services provided by Wilmington Trust, N.A.
Wilmington Trust is not authorized to and does not provide legal, accounting or tax advice. Our advice and recommendations provided to you is illustrative only and subject to the opinions and advice of your own attorney, tax advisor or other professional advisor.
Third-party trademarks and brands are the property of their respective owners. Third parties referenced herein are independent companies and are not affiliated with M&T Bank or Wilmington Trust. Listing them does not suggest a recommendation or endorsement by Wilmington Trust.
What can we help you with today