Business Planning & Succession

Forming, acquiring, operating, merging, selling, or transferring a business requires thoughtful decision making and careful evaluation of legal, tax, and financial considerations. Our approach is to address critical issues during the planning stages by identifying them and articulating available options. We have in-depth experience in designing and drafting stockholder/partner buy/sell and control agreements, providing advice and representation in connection with stockholder and/or partner disputes, and implementing gifting programs during life and upon death which accomplish our family business owners objectives relating to family members who are involved in the business and those who are not. Our business clients include sole proprietorships, partnerships, limited liability companies and corporations in a wide variety of industries and professions.

Our business planning and succession services include:

• Sophisticated tax and succession planning for owners of closely held businesses
• Preparing family limited partnerships and limited liability companies
• Choice of entity
• Counseling on retirement plan distribution taxation
• Commercial agreements
• Compliance and counseling of closely held businesses
• Drafting buy-sell agreements
• Recapitalizations
• Valuation discount planning
• Deferred compensation arrangements
• Split dollar insurance arrangements
• Corporate reorganizations