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Business Succession Planning Capabilities

To assure the successful transfer and continuation of a business, whether to family members, key employees or third parties takes advance planning.


Assuring the successful transfer and continuation of a business, whether to family members, key employees or third parties, takes advance planning. 

How We Help

  • Plan for their actual retirement from managing and operating their business.
  • Enable their family business to continue through succeeding generations.
  • Prepare their business to obtain maximum return on a business sale.
  • Avoid family conflicts by allocating appropriately the benefits to children who are in the business and those who are not.
  • Develop and implement business succession plans.
  • Develop and implement management retention plans.
  • Coordinate and integrate business succession plans with comprehensive estate plan.
  • Plan for employee stock ownership.
  • Income, estate and gift tax planning.
  • Estate freezes and valuation discount planning.

A business succession plan provides you with the liquidity which you need to appropriately plan for your retirement, your estate, and your legacy, while at the same time emphasizing your commitment to your business’ long-term growth and stability, and creating confidence in your customers, lenders, employees and key suppliers.

Representative Experience:

  • Assisted a multi-family business with transition to the next generation through the combined sale and gift of business interests to complex trusts, incorporating estate-freeze techniques as well as support for family philanthropy and charitable causes.
  • Counseled the owners of a multi-million-dollar business with the planned transfer of their business to children who are involved in the business, with other assets passing to children who are not actively involved in the business.
  • Designed a phantom stock plan for a closely held family business to incentivize and retain talented key employees who were not stockholders.
  • Successful negotiation and implementation of a complex succession plan, shareholder agreement and recapitalization of a family-owned manufacturing company.
  • Multiple physical therapy private practices with development and implementation of ownership succession plans.
  • Assisted clients with business transfers to younger generations for family-owned businesses.
  • Counsel business owners through the development of customized buy-sell, shareholder, and LLC operating agreements. 

Serving our clients successfully since 1900

The same attributes that have anchored over a century of success are still our guiding principles today.

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