As a business owner, you have invested years of hard work and personal financial resources in building an entity that now constitutes a large portion of your estate’s overall value. For business owners, an effective estate plan must also include an equally effective business plan. The two must work together to protect and maximize the value of your estate.

Your business plan should take into account the possibility of rapid growth while at the same time protect against economic downturns or changes in the business climate. Your plan should also shield personal and family assets in case something happens to your business. In addition, your plan should protect your business from potential threats, such as:

  • Lawsuits
  • The inability of loved ones to access assets should you become incapacitated or suddenly pass away
  • The manner and timing of your exit from the business if you have concerns about your children or their spouses
  • Minimizing taxes
  • Problematic partners and employees

A properly designed business plan can also ensure that you receive the greatest return on your initial investment when you transition out of the business, as well as help your business thrive long after your leadership role has come to an end.

We can design a comprehensive business plan to help you at start-up, exit and every stage in between. We understand that the best plans are the result of collaboration, not just with you but also your key advisors. We can provide you with all of the following services, depending on your particular situation:

  • Company formation
  • Choice of business entity
  • Structure of business entity
  • Purchase or sale of a business
  • Ownership issues
  • General legal counsel to businesses and individual owners
  • Coordination of personal, estate and business plans
  • Tax planning
  • Reorganization and restructuring
  • Mergers and acquisitions
  • Shareholder control agreements
  • Voting agreements
  • Buy-sell agreements
  • Shareholder and partner disputes
  • Sales and disposition of businesses
  • Dissolutions
  • Succession planning
  • Recapitalization

Contact us today to schedule a consultation to discuss your particular needs and goals.