Ascent insightsBusiness founders

Adding independent directors to a family business board

Bringing on independent, objective directors can help in making the tough decisions necessary to move your business forward.

How to build on your family’s entrepreneurial legacy – in your own way

You can enter the world of business without joining the family business. Here’s how.

Ways to pass on business knowledge after selling the family business

The sale of the family business doesn’t have to mean the end of an entrepreneurial legacy.

Early planning key to successful business transition

When giving up the reins of your company, early planning can protect you, your family and your business through the transition.

Strategies for keeping your business in the family

Transitioning a family business to the next generation can be complex, with both family dynamics and tax implications to consider.

3 options for transitioning your business

Whether you want to keep it in the family, sell it to a third-party buyer or to employees, it’s important to start planning a business transition well before you need to.

Consider Section 1202 in the sale of your business

One tax planning strategy to consider taking advantage of is a law known as the Small Business Stock Gains Exclusion, also referred to as Section 1202.

Selling a business: Incorporating strategic philanthropy

Charitable giving can play an important role in the sale of a business, helping to establish a legacy and maintain wealth. Here are a few common strategies, each with different tax and legacy-building benefits.

How to keep the family business separate from a family holiday

Tips to help keep your holiday gatherings happy by keeping business discussions separate from the festivities.

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Perspectives on business ownership

From growth strategies to succession planning tips to guidance on preparing for a sale, our insights can help you expand and protect the business you’ve built.

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The information provided represents the opinion of U.S. Bank and is not intended to be a forecast of future events or guarantee of future results. It is not intended to provide specific investment advice and should not be construed as an offering of securities or recommendation to invest. Not for use as a primary basis of investment decisions. Not to be construed to meet the needs of any particular investor. Not a representation or solicitation or an offer to sell/buy any security. Investors should consult with their investment professional for advice concerning their particular situation.

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