The Real Business Podcast MassMutual

If you see divorce on the horizon and you haven't done any planning, it's probably already too late. Michael Lundy, Founding and Managing Partner at Older Lundy Koch Martino joins us for Part 2 on how a business can survive through a divorce. In this episode, we focus on the legal side of things, which include the division of the business as a marital asset and the buy-out or transition of a spouse from the business.

Of the six D’s we talk about in business continuity planning, divorce probably gets the least amount of attention. But during divorce proceedings, business owners face an average decline in revenue of $4,000-a-month! As a result, nearly one in 20 business owners closes their doors due to the financial brunt of divorce. To discuss this important topic, we invited Roxanne Coffelt, a CPA who specializes in business valuations during divorce proceedings, to share her thoughts on how spousal...

The decision to stay and grow your business versus the decision to leave and transition your business often puts a business owner at a crossroads. So rather than face the decision head-on, it gets delayed and ultimately made without much forethought or planning. In this episode, Brian Trzcinski welcomes Sam Mendelsohn of Value Builder to discuss why this decision is so important, why it must be made with sufficient lead time to be successful, and why considering your future personal and finan...

In this epidode, Brian Trzcinski is joined by fellow CEPA and financial planning consultant Jarrod DeSantis of MassMutual to discuss the role the business plays in an owner's personal planning picture. They discuss the three "gaps" all business owners should know--their profit, value and wealth gaps--as well as how planning for the business today can impact an owner's financial outlook in the future.

Mavrek CEO Martin Hanson has been in the business of selling businesses for over 30 years, coordinating thousands of transactions worth billions of dollars. In spite of all those deals, Hanson shares that not once, in all those years, has a business owner who called him actually been ready to sell their business. In this episode, MassMutual's Brian Trzcinski leads a candid conversation, and a wake-up call for business owners who anticipate an exit in the next few years.

In this episode, MassMutual's Brian Trzcinski welcomes veteran Financial Professional Rick Scruggs, of the firm Financial Designs, to discuss how life insurance can be an important component of not just a business owner's personal protection, but their business protection as well. They will share strategies that can help protect the owner and the business from unexpected and unplanned for circumstances.