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Royale Financial Group

Royale Financial Group

Innovative Insurance and Investment Solutions

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Business Succession

I want my kids to take over the family business.

Business succession planning is a process designed to assist the business owner to transition out of business and transfer ownership of business at the time of retirement while maximizing the business owner’s personal financial security.

Addresses all eventualities including the possibility of death, critical illness or disability of a business owner.

Who does this apply to?

  • Key Person
  • Shareholder
  • Buy Sell Arrangement
  • Business Loan/Overhead Risk

What are the benefits?

  • Value of your business can represent a substantial source of income in retirement, therefore proper succession planning can ensure that the risks to your lifestyle in retirement is minimized.
  • If your hope is to have your business continued by one or more family members, then you will likely need to coordinate your business plan with your estate plan and explore any tax deferral opportunities.
  • Any unforeseen events could lead to problems in your business without proper planning. Advanced planning can ensure that you, your business and family are protected.
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Start by doing what's necessary, then do what's possible.


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Get in touch

Royale Financial Group Inc.

Mehran (AJ) Taghvai, President
Million Dollar Round Table (MDRT)
PPI Advantage Plus Member

(778) 388-7500

2050 – 1050 W. Pender Street
Vancouver, BC V6E 3S7

3600 – 4th Street SE
Calgary, AB T2G 2W3

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