Business Succession

Whether a business is owned by an individual, a family, or a group of business colleagues, proper planning doesn’t consider merely quarterly results.  A broader perspective is needed to build a plan to deal with questions such as these:

• How can intergenerational taxation be minimized or avoided?

• Is there a role for external, non-family management?

• How do high net worth families leave wealth to the next generation wisely?

• What issues are faced by owners with no children?  If there are children, should they inherit the business equally?

• If a shareholder dies in a multi-shareholder company, when should shares transfer to a spouse?  To children? 
  To the remaining shareholders? To a trust?