Jim & Linda, 67 Business Sale

Jim & Linda, both 67, were selling their business and family farm to spend more time with grandkids and give back through their church and community.

But looming tax bills, uncertainty about giving strategies, and a lack of proactive advice left them feeling stuck. Their advisors seemed reactive — they wanted someone to help them think ahead.

Challenges

  • Selling their business and farm triggered major tax obligations — reducing what they could dedicate to family and giving.

  • They wanted to give meaningfully and efficiently but needed a clear, sustainable strategy.

  • They wanted their kids and grandkids involved — not just in receiving wealth, but in stewarding it.

  • Their Investment Advisor was on autopilot. Jim & Linda wanted advice that looked forward, not backward.

How We Helped

  • Before running numbers, we talked. What did they hope to build for family? What legacy of generosity mattered most? From those conversations, the plan took shape.

  • We worked with the Abilene Community Foundation to establish a Donor Advised Fund (DAF), using proceeds from their business and farm sales — staggered to manage taxes.

    We also structured ongoing donations of appreciated stock, avoiding capital gains.

  • Jim & Linda now invite their children and grandchildren to help decide which causes their DAF will support — teaching values as well as giving dollars.

  • We review their tax return annually and partner closely with their CPA — making sure giving stays tax-efficient and aligned with future income shifts (like upcoming IRA distributions).

"5 Be Wise In The Way You Act Toward Outsiders; Make The Most Of Every Opportunity. 6 Let Your Conversation Be Always Full Of Grace, Seasoned With Salt, So That You May Know How To Answer Everyone."

— Colossians 4:5-6, NIV 

Plan Your Legacy.

If you’re selling a business or looking to give more intentionally, I’d love to help you align your resources with your vision.