Cornerstone worked with me and my key managers to create a seamless plan for succession. They’ve established trusts and capped federal estate tax liability for the corporation. They were careful and thorough and came up with an excellent plan.
Wohlsen ConstructionLancaster, Pennsylvania
Wohlsen Construction
Lancaster, PA
Commercial Construction Company serving the Mid-Atlantic region for more than 130 years
Preconstruction, project management, design/build and post construction services
Core markets include senior living, healthcare and higher education
Cornerstone Client Since 2003
Cornerstone looked at the whole picture and worked with my tax accountant and lawyer to make sure they had a solid understanding of my company and situation. They’ve even created a cutting-edge estate plan – one that they continue to manage and modify as needed.
Basically, their vision and vigilance have given me the ability to sleep better at night. And on a more personal note, the people at Cornerstone have become my advisors, my mentors, my confidants, and my friends.
Gary Langmuir - Wohlsen Construction, Inc. - Lancaster, PA
Services performed:
- Creation of business succession plan
- Human capital development
- Capping of federal estate tax liability
- Creation of original estate plan
- Ongoing strategic business planning
- Individual passing of net worth with minimal taxation
- ESOP planning