Small Business Planning


Temkin Financial Group assists small business owners in creating a tax-efficient strategy to accumulate wealth and protect themselves and their business. This strategy involves Business Succession, Qualified Retirement Plans, and Nonqualified Executive Benefit Plans.


Business Succession

The best way to provide for the future of your business is to plan for it today. A business succession plan can be your roadmap for the transfer of your business to your successor owners, thereby assuring its ongoing future success.


When you are no longer in the business...

  • Will it provide income for you? For your spouse and family?  
  • Will your family sell your interests? If so, at what price?
  • Will potential estate taxes jeopardize its continuation?
  • Who will inherit your co-owner's interest in your business if something should happen to him or her? 

The investment of time spent today, is one of the wisest business decisions an owner can make. It is essential that successful owners of sole proprietorships, partnerships, and corporations remove any uncertainty regarding what will happen to the business upon their departure.


Qualified Retirement Plans

Introduction to Qualified Plans

Defined Benefit Plans

Defined Contribution Plans  

SIMPLE IRAs & Simplified Employee Pensions

Nonqualified Executive Plans

Executive Bonus

Deferred Compensation Plans

Split Dollar Life Insurance