Business Succession Planning

The majority of business owners overlook many critical elements when formulating their business succession plan.

You may have a transition timeframe in mind, but are not sure when to start, how to prepare, what professionals to use, and ultimately how to execute a plan to ensure success.

Our business succession lawyers have many decades of experience helping clients plan their business transition strategy. 

We work with business owners on succession planning and represent high net-worth families and closely-held entities with legal management of their multi-generational transition planning.

Services for these clients include forming business entities, advising on governance issues and regulatory compliance, preparing trusts and estate planning documents, counseling on financial and tax aspects of gifting and transferring assets to the next generation (whether family or employees), developing strategic plans to balance business and family goals, and resolving business challenges caused by family disputes. 

Preserving the family legacy as reflected in the family business is one of the lawyer's highest callings. We recognize the entrepreneurial risks taken by the older generation to create the rewards for that generation and those that follow. Expertly facilitating ongoing management and efficient ownership transition to the next generation is very satisfying to me as a valued member of the business advisory team. – FWW Attorney Dean Sandow