Practice Areas > Estate Planning and Administration

Business Succession

Business succession is a complicated matter with sensitive and emotional issues attached to family businesses. With the proper advice and guidance, a family business can transition to the next generation or a non-family owner by a well-orchestrated succession plan. Many complex issues need to be addressed in these situations. Our attorneys have designed and implemented many business-succession plans and we have assisted business owners to make the right choices for their families and their business.

We also assist our clients in restructuring asset ownership to minimize estate taxes and probate-court involvement by providing creative planning techniques to minimize tax consequences.

Areas of Focus

Types of Clients

  • Family Limited Partnerships 
  • Family Limited Liability Companies 
  • Close-Corporation Agreements
  • Employment Agreements
  • Buy-Sell Agreements
  • Installment Sales
  • Special Trusts
  • Operating Agreements for Family Limited Liability Companies
  • “Stretching” IRAs and Retirement Plans
  • Businesses
  • Entrepreneurs
  • Farmers