ESTATE PLANNING for Business Owners

Estate planning is the process of designating who will receive your assets in the event of your death or incapacitation, done with guidance from an attorney, a well-constructed estate plan can help ensure that your heirs and beneficiaries receive assets in a way that manages and minimizes taxes.

When you are at the helm of your business, you are responsible for steering your company to be a profitable venture, but you know that you cannot be at the helm forever. 

When the time comes, you will want to ensure that you have an estate plan setup for both a well defined and crafted exit strategy as well as for any unfortunate and unforeseen event. 

We  work closely with our clients  to develop a comprehensive succession plan that is tailored their specific needs. Whether someone is planning to transition their business from one generation to another or they are looking to sell their company to a prospective buyer, our  team  will help ensure an efficient transition.

As part of helping clients develop an effective succession plan, our team works to ensure that the most critical aspects of a business transition are accounted for in the process. This includes identifying who will be at the head of the business when the transition takes place and what roles need to be filled at the business at that time. We work with our clients to evaluate existing resources, identify and manage potential risks, and develop contingency plans as well as an exit strategy.

For our clients who are looking to sell their business, we help them understand the valuation of their company and provide counsel on what steps they need to take when preparing to sell their business. We help our clients with every critical aspect of the selling process. 

Transitioning business ownership may seem like a daunting process that has many moving parts. However, consulting with an experienced business succession attorney can help the process go much more smoothly while helping eliminate any potential issues that may arise down the road.