CASE STUDIES

/CASE STUDIES
CASE STUDIES 2016-12-01T18:27:01+00:00

Business Succession / Buy Out Strategy for Family Owned Business (3rd Generation)

Kelm Financial Services – Example Case Company History Smith Plumbing Company was founded in 1951 by Bob Smith, Sr. When his son Bob Smith, Jr. graduated from high school he joined his father in the family business. Bob Smith, Jr, worked his way up from laborer to Master Plumber gradually taking over as President with 20% stock ownership that had been gifted over the past 10 to 12 years. Ownership Transition from 1st [...]

By | November 16th, 2015|Categories: Case Studies|Comments Off on Business Succession / Buy Out Strategy for Family Owned Business (3rd Generation)

Retirement Planning / Tax Bracket Planning for Law Firm Partner

Kelm Financial Services – Example Case Background Mr. Smith, a 48 year old business attorney with an annual income of $280K, had recently become a partner in his law firm. The partnership bonus was expected to pay him an additional $20 - $25K per quarter (after tax) above his $300,000 salary. He was in the process of deciding on the best place to invest these funds. He was contributing the maximum amount to his [...]

By | November 16th, 2015|Categories: Case Studies|Comments Off on Retirement Planning / Tax Bracket Planning for Law Firm Partner

Creative Estate Planning for a Family Hunting Ranch

Kelm Financial Services – Example Case Background: Mr. and Mrs. Smith, ages 67 and 68, are planning to retire within the next 5 years. As part of their estate planning, they had recently sold off several investment real estate holdings. The largest remaining real estate investment was a ranch located near Comfort, Texas, about an hour north of San Antonio. They had purchased the ranch many years earlier for recreational, hunting, and investment value. [...]

By | November 16th, 2015|Categories: Case Studies|Comments Off on Creative Estate Planning for a Family Hunting Ranch

Funded Buy Sell Agreement for Partners / Executive Bonus for Key Employees

Kelm Financial Services – Example Case - Architectural Firm (Note: Names have been changed to protect confidentiality) Background: ABC Architectural Designs, Inc. was founded in 1991. Several years later the founder brought on two other architects who then become partners. The firm was very successful and grew rapidly. At the time that they were referred to Kelm Financial Services, the firm had seen a five year average annual revenue growth of 16% and an average [...]

By | November 16th, 2015|Categories: Case Studies|Comments Off on Funded Buy Sell Agreement for Partners / Executive Bonus for Key Employees