Business Succession Planning
Many of our clients work in a family business, either having taken over from generations’ past, or built their business from the ground up. What happens when they are no longer in a position to run the company themselves? Will their children take over? Do they want to? What about spouses of adult children- should they be a factor? These are all important questions when considering the succession plans of a closely held company or family-run business. Our lawyers work closely with business owners to put in place all the necessary tools to protect the brand identity and wealth they’ve worked so hard to create.