Posts by Steven Goodman

EGGS: The Podcast

Talking about family business succession planning, estate planning, life insurance, planning for retirement, and preservation of wealth, join me for my guest appearance on EGGS: The Podcast. View Episode

Read More

Succession Planning with Steven Goodman

On this show, we talked about the process of business succession planning, why people avoid it, the risks they run by not doing it, and all the parties that need to be considered and involved with Steven Goodman, CPA, MBA, author and CEO of SHG Planning. Listen to learn why business succession planning is so…

Read More

Biz Help For You: Business Succession Planning

Are you thinking of selling to start a new endeavor? Are you a business owner of a company you want to continue on after your retirement? When should you start planning? Tune in to learn how to plan the succession of your business to family, other partners, key employees or the outright sale of the…

Read More

Trials and Tribulations of Succession Planning

Steven Goodman is passionate about providing insightful solutions to the challenges of business succession, wealth preservation and charitable planning, focusing on the needs of owners of closely held businesses and high net worth individuals. As a CPA and former VP of the Trust and Investment Division of JP Morgan Chase, he’s served hundreds of estate…

Read More

The Human Side of Exit Planning

Steve Goodman, CEO and Founder of SHG Planning, has over 30 years of experience in business succession planning. His firm specializes in high-end, sophisticated business succession, estate planning, for high and ultra high net worth individuals. Steve enjoys the uniquely interesting challenge that comes with helping this level of client, both technically and emotionally. Steve’s…

Read More

Two Sure Things-Death and Taxes Q and A

Are taxes paid on policy distributions? Taxes are only paid on distributions (dividends, withdrawals, and partial surrenders) that exceed the amount of the policy owner’s investment in the policy. Are taxes paid on policy loans? No, because loans are not considered to be distributions from the policy, unless the policy lapses. What are the tax…

Read More

Sequence of Return Risk By The Numbers

ABLE Accounts

Sequence of return risk refers to the phenomenon by which a few bad years early in a retirement portfolio can cause havoc for the life of the portfolio. Sequence of return risk is only relevant if the portfolio amounts are changed by either an annual addition or withdrawal. Consider the following annual returns: We begin…

Read More

Reasons to Buy and Reasons to Avoid Annuities

Companies

In its simplest form, an annuity is a contract between the annuitant (the person who owns the annuity) and an insurance company. In exchange for the company’s promise to pay later, the annuitant agrees to pay now.As a financial tool, the annuity is as important in retirement planning as a hammer is to a handyman.…

Read More

It took a lifetime to build your legacy. Give us a call to see how we can help you preserve it.

It took a lifetime to build your legacy. Give us a call to see how we can help you preserve it.

Steve

Get in touch with Steve Goodman today

CPA, MBA – President & Chief Executive Officer

luxury-divider-01