Pacific WealthSuccessionPlan

A Pacific WealthSuccessionPlan is a trust arrangement where the business partners agree to transfer their portions of business shares to surviving partners in the event of the demise of any business partner.

• Trust administration will take effect upon the triggering event (death of any partner)
• Smooth transfer of deceased partner’s business interest to surviving partners.
• Company will make valuation and purchase life insurance policies on each business partner’s life and assign absolutely the policies to the Trustee.
• Each business partner will transfer his/her shares to the Trustee.
• The Trustee will receive the insurance proceeds and pay to deceased partner’s family and transfer his shares to the surviving partner.

Click here for more information on our Family Office & Dynasty Perpetual Trust.

Click on tabs below to display information on our current plans