Business Succession Planning
Attorneys in the Individual Client Services Practice Area collaborate with attorneys in the Business Law Practice Area to create a Group devoted to the needs of business owners. Clients who own closely held businesses, limited liability companies and family limited partnerships require estate plans with tax-efficient strategies for transferring ownership during life and at death. Through our collaboration with other Reid and Riege attorneys, we provide the necessary tools to foster a smooth business succession between generations. In this process, we seek to preserve harmonious family relationships.
If a client decides to sell his or her company, our Business Succession Planning Group consults with our Business Law Practice Area to offer strategies to minimize income and estate taxes. Our aim is to protect the client’s goals while offering a sensible, equitable and tax-efficient succession plan.