Business Succession Planning

Business succession planning is a key part of every sustainable business.  We believe that all businesses must plan for the possibility of the death, disability or other departure of a founder or key executive.  For new businesses, we provide the perspective to develop structures that allow for the growth of the business even if the visions of the company’s founders ultimately diverge. For existing businesses facing the retirement of a founder or key executive, we collaborate and strategize with our clients to ease the transition to new ownership or new management.  For family businesses, we draw upon the resources of our estate planning team, who have advised on dozens of transfers of business interests from generation to generation while helping to preserve our clients’ corporate culture and family ownership, preparing them both legally and emotionally for business succession.


Speaking Engagements

Read more about how our Business Transactions attorneys have assisted our clients with business succession planning:

  • Obtained an IRS private ruling allowing a tax-free non-pro rata split off of two family owned businesses due to personality differences between third generation siblings.  Following split off, retained over long term for general corporate and tax representation by one company and numerous family members.

  • Negotiated sale of client's interests in a manufacturing business to her siblings when dispute about management and direction of the business arose after the death of their father/founder of the business.