207: Carolyn Smith, CPA AEP CAP – A Unique Exit Planning Niche

Where Accountants Go - The Accounting Careers Podcast

Carolyn Smith, Senior Partner with C3 Financial Partners in Texas, joined us for this episode of Where Accountants Go, the Accounting Careers Podcast. Carolyn’s career started as many do… in public accounting. And in fact, she spent the first 30 years of her career with the same accounting firm, minus a one-year detour into industry. During that time, she developed expertise in helping business owners exit their businesses through a variety of scenarios. However, one of the scenarios that sometimes happen particularly caused her to be emotionally attached to her work, the scenario of a business transfer due to a death. After many years working through these transitions, Carolyn decided to try to get on the front-side of these tragedies by going into the field of planning around the insurance that is needed. She got her life insurance license, and later on her CAP certification (Chartered Advisor in Philanthropy), and now helps family businesses plan for the possibility of the passing on of a key member of their team, as well as how to plan for giving that they may want to do from a legacy perspective. This really is an interesting episode. If you enjoy this episode, please also check out: Harriet Helmle To listen to this interview with Carolyn Smith, please use the player below: