Succession Planning

Succession planning is one of the most important responsibilities any business owner must face. Failure to live up to this responsibility could result in millions of dollars of lost wealth for current and future generations. Statistics show that fewer than 1 in 3 family businesses survive to the second generation and 1 in 10 make it to the third. These odds point out the necessity of good, solid, succession planning. We are here to offer our succession planning services to those businesses that see the need to keep it going for the good of their families and future generations. The transfer of wealth and core family values must be the responsibility of the business owner. The Succession planning services we can provide are:

  • Designing strategies for the timely transfer of the business
  • Develop alternatives for funding the transfer of ownership control
  • Determine the owner’s retirement needs
  • Design programs for the development of management candidates
  • Develop estate planning strategies minimizing estate taxes and allow for the orderly distribution of the owner’s estate
  • Plan for estate equalization especially to those not active in the business
  • Develop key employee retention plans
  • Structure compensation plans for business continuity
  • Facilitate design of buy/sell agreements
  • Develop strategic plans for future business success

Need Succession Planning Assistance?

Contact Us

Email, call, or visit our office

235 East 86th Avenue
Merrillville, IN 46410

swartz retson logo


Our mission is to provide timely, professional, and ethical business advisory services to our clientele, be actively involved in our community and promote professional and personnel in a working environment that encourages initiative, innovation and teamwork


235 East 86th Avenue
    Merrillville, IN, 46410

Swartz Retson Northwest Indiana CPA Firm is trusted by clients in Lake County Indiana communities including Crown Point, Dyer, East Chicago, Gary, Hammond, Highland, Hobart, Merrillville, Munster, Schererville, and St John; and Porter County Indiana communities including Chesterton, Portage, and Valparaiso.


We collect nonpublic personal information about you from the following sources:

  • Information we receive from you on applications, tax organizers, worksheets and other documents;
  • Information about your transactions with us, our affiliates, or others;
  • Information we receive from a consumer-reporting agency.

  • We do not disclose any nonpublic personal information about our clients or former clients to anyone, except as permitted by law.

    We restrict access to nonpublic personal information about you to those members of our firm who need to know that information to provide services to you. We maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your nonpublic personal information.

    If you have any questions about this policy, please do not hesitate to contact us.

    ©2020 Swartz Retson. All rights reserved. Website design by VIA Marketing