Practice Groups

Succession Planning

  • Addressing family dynamics
    • Every family has its own unique sets of attributes, issues, and dynamics, and any effective succession plan must take those into account.
  • Transference of values and value
    • We believe that planning needs to account for the personal values and goals of the clients in order to be effective.  Each client has unique values and concerns that our planning always endeavors to address.
  • Shareholder and operating agreements
    • Exit strategies are often critical to the ongoing success of the business.  We work with our clients to achieve fair and balanced strategies that account for the needs of both the owners and the business. Our agreements address owners and prospective owners, whether individuals, trusts, or other entities.
  • Business structuring
    • Planning could include multiple divisions, subsidiary LLC's and corporations,  holding companies, management and expense sharing agreements, and ownership and management succession planning, all with particular attention to isolating risk to the extent practical
  • Insurance planning
    • Insurance trusts, buy/sell funding, wealth replacement, private placement, key man, charitable gifts, funding solutions
  • Coordination with business needs
    • Balancing the needs of the business against those of the owners and prospective owners is essential to the success of any business succession plan
  • GRAT's, FLP's, LLC's, IDGT's, etc.
    • All aspects of the alphabet soup of leveraged gifts and sales for business succession and transfer tax purposes
  • Integration with income tax planning
    • The firm began in the 1970's as a tax boutique and we have never moved far from our roots, applying our tax planning skills and experience to the work performed by the firm.
  • Coordination and team approach with other integral advisors
    • Working comfortably with other professional advisors, whether as the quarterback or fullback, depending on what is required and appropriate in a given situation
 

Industries Served

  • Automotive Manufacturing & Dealerships
  • Banking
  • Broadcast Media
  • Construction
  • Energy & Utilities
  • Entrepreneur/Start-Up Companies
  • Financial Services
  • Healthcare
  • Information Technology
  • Leasing Companies
  • Logistics
  • Manufacturing & Distribution
  • Mortgage Companies
  • Not-For-Profit Organizations
  • Pharmaceuticals
  • Retail
  • Service Companies
  • Specialty Finance
  • Telecommunications
  • Trading Companies
 

Cases

    NOTICE: Emailing an attorney shall not and does not create an attorney-client relationship between the attorney and users of this web site or any other party whatsoever. An attorney-client relationship is ONLY established through a written engagement, and only where doing so would comply with all applicable laws and ethical rules.

    CONFIDENTIAL INFORMATION: Transmission of information on-line, over email, or through any electronic means can be unstable, unreliable and insecure. You should not send information or facts via e-mail relating to your legal problem or question. If you do not have an existing attorney-client relationship, your e-mail may not be privileged or confidential.

    By clicking 'OK' below, you are agreeing to the terms of this web site.

    Please fill out the form below and we'll send an email out about this page to a recipient of your choice.


    Copy: Check here if you would like a copy of the email.