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Welcome to FBR System,
Family Business Renewal

As a Wealth Transfer Specialist since 1969 I have helped hundreds of families and businesses create their unique transition plan. I offer a proven business and estate planning process that addresses the needs of the business owner(s) while engaging all family members. The successful transition of your business to the next generation involves establishing greater family harmony, minimizing cost, and maximizing business profitability.

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Wealth Transfer for Business Continuity and Estate Planning

I appreciate you taking a couple minutes of your time to hear my many years of experience. I assist family businesses in transferring business wealth by minimizing transfer costs, enhancing family relationships by developing open communication and maximizing your business profitability.

business succession and estate planningIf you own a successful closely held business and have a family, it is critical to take the time necessary to consider establishing a new plan. This plan transitions your wealth to your heirs while minimizing costs, enhancing open communication that results in greater family harmony during life and beyond while maximizing business profitability. It makes sense, and sounds easy, yet it is not.

Did you know $4.28 billion of family wealth is transferred yearly, yet 70% of the businesses do not survive the transfer, and 85% of those don’t even survive beyond the second generation?

Why? Typically there was either no plan or there was a secretive plan unknown until the death of the business owner. Most plans that are drafted are not executed and do not include any feedback from family members.

Many business owners are making wealth transfer planning decisions based only on tax, legal and financial considerations. Few businesses include ALL family members in the planning process. As a result, business continuity and estate planning is inadequate, leading to the dissolution of the business and family relationships.

We have found that when generations fully understand and support a common cause that plans for the future of both the family and business will result in a greater chance of successful transition by going beyond the tax, legal and financial considerations. We have been able to help many business owners and family members effectively transfer their business, by keeping the business in the family when that is in their best interest.

Read About Challenges, Benefits and Solutions Using The FBR System

W. McCormack - Oregon
"Karl Bareither,Our FBR Wealth Transfer Specialist was honest and straightforward. We think of him in high regard. Once he set up our new plan, he followed it up to see that it got done. I am impressed with his family and business planning knowledge and relationship skills. We would recommend Karl and the FBR system."
O. Roemer - California
"At first I thought we could do it ourselves. We had a lawyer and a CPA, but we just weren't getting any place. Mr. Bareither’s came and talked to me, my wife and all the kids, and found out what each family member was thinking and feeling. He met with all of our advisors and had a lot of recommendations that we didn't know about and helped us get it all done. I think he will save us quite a bit of money."
E. Williams - California
"I needed a plan to overcome inheritance taxes and possibilities of unfairness within the family... Karl, our FBR Wealth Transfer Specialist worked with the family members, lawyers, insurance agents, and accountants, with the understanding, compassion, and expertise to create a workable and acceptable plan. The family found satisfaction and consolation in the work."
W.S., Family Business Owner - Idaho
"It was very gratifying to me that Karl Bareither, our Wealth Transfer Specialist, my attorney and my accountant worked so well together and came up with a plan that will accomplish our objectives. I must emphasize however, that it was the Wealth Transfer Specialist's urging that got the plan into existence before my health problem developed."