Advanced Planning

As businesses grow, new and more complex opportunities present themselves.   SMD Consulting & Accounting, LLC is well versed in a variety of complex tax savings, wealth building, asset protection, and estate planning opportunities for the successful medical practice or a business owner.

Advanced Planning is exactly what it sounds like.   It involves more sophisticated and complex strategies that often include the participation of a lawyer, financial advisor, banker, or other professional.   The application of these kinds of strategies are highly customized and are unique for each client.  We pride ourselves in identifying and implementing the right opportunity to achieve the highest level of success available.

Some examples of advanced planning techniques that we employ are:

  • Cost segregations
  • 1031 exchanges
  • Captive insurance policies
  • Layered entity reorganizations
  • Opportunity Zone acquisitions
  • 199A optimization
  • Charitable remainder trusts
  • Evolving core or basic trusts into advanced trusts
  • Insurance bank structuring
  • Executive compensation planning
  • Defined benefit plan optimization
  • College reimbursement programs
  • Family employment planning
  • Buy-Sell agreement structuring
  • Management service organization structuring
  • Employment tax credit optimization
  • A variety of other opportunities unique to a specific industry and family niches