Portrait by renowned illustrator Joseph Adolphe.
WILMINGTON TRUST RENOWNED INSIGHT
“The biggest challenge for your business today? Tomorrow.”
Donald P. DiCarlo Jr., M.A., J.D., LL.M. (Tax) National Director of Business Advisory Services, Senior Wealth Strategist
Don helps business owners develop and implement customized business succession strategies. He is part of a seasoned team of professionals who exemplify Wilmington Trust’s 112-year heritage of successfully advising business owners. For access to the expertise of professionals like Don and the rest of our team, contact Mark Graham at 302-651-1665.
Transitioning ownership of your business will undoubtedly be one of the most signifi cant events of your life. However, with careful planning at each stage, you’ll be ready for what’s ahead – and confi dent that you’ll preserve everything you’ve worked so hard to build. Growing your business. Th e right combination of deposit, lending, cash management, and insurance solutions will best help to fuel the growth of your business and manage risk. It’s also a good time to be sure your will and estate planning documents are in order, and that you’re utilizing tax-minimization strategies. Transitioning business capital to personal capital. As your business evolves, you may consider selling or transitioning to a family member, or someone outside the family. At this stage you’ll determine your exit strategy, value your business, and secure the right buyer.
Managing and transferring personal wealth. Your hard work pays off . You’ll begin to implement trust and planning strategies to transfer wealth to the next generation, and to support select charitable causes.
ONLY 30% OF FAMILY BUSINESSES
SURVIVE INTO THE SECOND GENERATION Source: familybusinessinstitute.com
Founded by family business leader T. Coleman duPont 112 years ago, Wilmington Trust has the experience to help guide you through times of growth and succession. We focus on both your business and personal fi nancial needs, making each transition in your journey a seamless one. For more insight on how we’ve successfully advised clients for more than a century, visit wilmingtontrust.com/ capitaltransitions.
FIDUCIARY SERVICES | WEALTH PLANNING | INVESTMENT MANAGEMENT | PRIVATE BANKING
This article is for informational purposes only and is not intended as an offer or solicitation for the sale of any fi nancial product or service. This article is not designed or intended to provide fi nancial, tax, legal, accounting, or other professional advice since such advice always requires consideration of individual circumstances. If professional advice is needed, the services of your professional advisor should be sought. Investments: • Are NOT FDIC-Insured • Have NO Bank Guarantee • May Lose Value Wilmington Trust is a registered service mark. Wilmington Trust Corporation is a wholly owned subsidiary of M&T Bank Corporation (M&T). Investment management and fi duciary services are provided by Wilmington Trust Company, operating in Delaware only, and Wilmington Trust, N.A., a national bank. Loans, retail and business deposits, and other personal and business banking services and products are offered by M&T Bank, member FDIC. ©2015 Wilmington Trust Corporation and its affi liates. All rights reserved.