Succession Planning
Our firm assists businesses and individuals in connection with succession planning for the closely-held and family-owned business. Our attorneys advise businesses on tax strategies, exit strategies, cash needs in the event of death, retirement or disability, asset protection and buy-sell agreements. Our firm has extensive experience in assisting closely-held and family-owned businesses "passing on the torch" from generation to generation, as well as the resolution of certain pitfalls including the grooming of a successor and inter-family disputes. Working with our Trusts and Estates Group, our firm provides extensive family estate planning, including the formation of family limited partnerships, to insure that the tax planning needs of both business owners and the estate planning needs of the owners are met.