Business Succession Planning

We work with our clients and their families to plan for the transition of business ownership to younger generations. It takes years of effort to build a business, and transferring business ownership to a younger generation is an emotional, financial and legally complex transition for all the parties involved. Our approach emphasizes family involvement to help ensure a smooth transition of ownership between generations. Our goal is to implement these transitions while ensuring a comfortable retirement for the older generation. Through the use of shareholders' agreements, special compensation arrangements, insurance planning and family financial counseling, we can help to preserve family businesses for second and third generations and beyond, while working to minimize the tax liabilities arising from such transfers.