Family Business Succession Planning

Designating a family member as your successor can raise emotional issues.

Does your son really want to run your business, working the long hours you have always put in?

Is your daughter truly eager to jump off the partner track at her architect firm to take charge of your company?

Passing on ownership to all the children and leaving one to run the company can lead to strife: the operator may feel like he or she is working to enrich siblings and the outside owners might second- guess business decisions.

In such cases, it may be desirable to equalize the inheritances.

We can help you to create and execute a successful transition strategy.

Whether you need help creating a succession plan or assistance with implementing various stages of the plan, our team can guide you.