You’ve sold your business and there are countless questions and logistics that need to be addressed. How do you manage the emotion and the loss of that business owner identity? How do you manage what is now a liquid asset in your life?

On the latest episode of the Plum Pointe Wealth Management Podcast Series, Brian breaks down these critical questions facing business owners as they transition into the next phase of life.

Listen, as Brian shares client stories, as well as best practices, for navigating this challenging time.

Chapters:

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

1:09 - The challenging questions business owners are asking themselves once they sell

2:48 - Dealing with the emotional loss of a business owner's identity

5:02 - The ripple effect of this challenge

7:01 - What life can look like when you have a clear plan for your future

8:50 - Brian's background as a scientist and working with business owners

10:52 - Five steps to consider after selling your business

13:29 - Understanding your tax liability

15:09 - Developing a cash plan

17:24 - Examining your additional items (healthcare, insurance, etc.)

19:03 - Reviewing and updating your legacy plan

20:33 - How to get in touch with Brian and his team to start a conversation

21:09 - Digging into a client story and their plan post selling a business

24:26 - Closing remarks

Connect with Brian Dunckley:

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