Putting all the Money in Business

In this episode of the Coordinated Counsel podcast, co-hosted by KINNECT Financial and Haimo Law, Barry and Chad address a common but serious financial risk for business owners: having your entire net worth tied up in your company.

While your business is a key asset, it’s also illiquid, and over-investing without maintaining personal liquid assets can create financial stress for your family in critical moments. In this conversation, they explore the dangers of an illiquid estate and share strategies to balance investing in your business with preserving personal wealth to cover estate taxes, settlement costs, and other essential expenses.

Watch the full video above, and explore more episodes and resources on the podcast page: https://www.haimolaw.com/coordinated-counsel/

All opinions expressed by the Program Participants are solely their current opinions and do not reflect the opinions their respective parent companies or affiliates or the companies with which the Program Participants are affiliated.

Investments or strategies mentioned may not be suitable for you and you should make your own independent decision regarding them. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You should strongly consider seeking advice from your own investment adviser.

Securities and investment advisory services offered through qualified registered representatives of MML Investors Services, LLC. Member SIPC. 1000 Corporate Drive Suite 700 Fort Lauderdale, FL 33334 (954) 938-8800

Haimo Law Firm is a separate and independent entity and is not affiliated with Kinnect Financial.
Neither organization endorses or is responsible for the services or opinions of the other.

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