Business & Farm Transitions
Selling the farm, passing down the business, or stepping back.
You built it. The question is how to hand it off — to a buyer, to a kid, or to yourself in retirement — without giving the gain to the wrong place.
What this is
A transition is a tax event and a family event at the same time.
A sale, a gift, or a gradual handoff each land differently on your taxes, your retirement income, and the people involved. Farms add land, equipment, and a legacy nobody wants to argue about. Small businesses add the question of what the business is worth without you in it.
We work alongside your CPA and attorney on the retirement side: what the proceeds need to do, how to spread the income, and what your family keeps. Tax filing itself is handled next door at Studle & Associates.
This is for you if
- You’re thinking about selling in the next few years
- You want the next generation to take over and don’t know how to structure it
- You’re self-employed and your retirement plan is “the business”
- You’ve had an offer and want to know what it means after tax
What we’ll walk through
The retirement side
What the proceeds need to do for the rest of your life, and how to spread the income.
The family side
Who gets what, when, and how to say it out loud now instead of later.
The team
Your CPA, your attorney, and us — each doing our part, talking to each other.
Questions people ask us
Do you handle the tax return on a sale?
That’s Studle & Associates, our tax company next door. We plan the retirement side and hand off cleanly.
Can a self-employed person still save for retirement?
Yes — SEPs, solo 401(k)s and similar plans exist for exactly that. We’ll compare them.
What about the land?
Land is usually the biggest number and the most emotional one. We start there.
Related
Retirement Planning
The six questions, applied to a sale.
Retirement Income & Annuities
Turning proceeds into income.
Tax filing — Studle & Associates
The Studle family’s tax arm, same building.
Someone in your corner.
A conversation costs nothing and commits you to nothing. Bring your statements, your questions, or just a hunch that something could be working better.
Or call 270.438.2611 — a person answers.
This page is educational. It uses simplified examples and is not a recommendation for your specific situation. Numbers used in examples across the site are illustrations, not projections of what you’ll experience.
Lighting the way to a brighter financial future.
Family-owned since 1985. Real people helping real people across Kentucky and Tennessee.
Services
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Visit or call
164 Old Porter Pike
Bowling Green, KY 42103
270.438.2611
Fax 270.495.3888
Monday–Friday, 8:30–5:00
Studle Financial Services provides financial guidance and insurance products to families and businesses in Kentucky and Tennessee. Information on this website is for educational purposes and is not individualized advice. Your situation is unique — please talk with a licensed professional before making financial decisions.
Tax preparation and filing services are provided by Studle & Associates. Studle Foundation is the charitable arm of the Studle family of companies.
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