Case Studies

/Case Studies

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 […]

Business Succession / Buy Out Strategy for Family Owned Business (3rd Generation) 2016-12-01T18:27:09+00:00

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 […]

Retirement Planning / Tax Bracket Planning for Law Firm Partner 2016-12-01T18:27:09+00:00

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 […]

Creative Estate Planning for a Family Hunting Ranch 2016-12-01T18:27:09+00:00

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 […]

Funded Buy Sell Agreement for Partners / Executive Bonus for Key Employees 2016-12-01T18:27:09+00:00