Overview
For business owners, small or large, estate planning is intricately tied into business succession planning. We present options and structures to family owned businesses so that a future divorce, untimely death or incapacity, or other potentially disruptive event can be planned for and mitigated. We are involved in all aspects of business succession planning including:
- Buy-sell and cross purchase agreements between co-owners
- Counseling around gifting of business interests to family members
- Establishment of family partnerships and holding companies for minimization of estate and gift taxes.
- Exploring charitable or non-charitable gifting in advance of a sale to a third party to minimize income, estate and gift taxes.
Whether the long or short term plan is to sell the company to a third party or to transfer the business to the next generation, we can assist in formalizing such plans and integrating it into your estate plan.
