Selling a business that you’ve worked to build for years or decades comes with an enormous number of considerations—not the least of which is easing the tax burden that accompanies a big sale.

On the latest episode of Optimizing Your Financial World, we’re looking at four ways business owners who sell their companies might mitigate taxes. Let’s dive in!

Chapters:

0:00 - Introduction and overview on the topic of the day

1:23 - Tax-related issues are top-of-mind concerns for business owners

2:51 - Transferring your assets regularly over time

4:35 - Selling your business through an installment sale approach

5:51 - The risks associated with an installment sale approach

7:58 - Opportunity Zones and how a business owner can leverage these when selling a business

9:52 - Charitable remainder trusts can be a great solution

11:47 - Addressing the income component with a charitable remainder trust

13:33 - Which of these strategies makes the most sense for you?

15:10 - How to get in touch with Mark and his team to discuss this futher

16:05 - Closing remarks