Succession Planning
If you own a family business, retirement isn’t simply a matter of deciding not to go into the office anymore. Our experts will work with you to develop and implement a well-designed succession plan that ensures the survival of a family business and the wealth built within the business from one generation to the next.
Our professionals can help assess these key issues:
- Determining the advantages and disadvantages of retaining or divesting the business
- Determining ownership and management structure of the transitioned family business
- Determining tax consequences of ownership changes
- Determining equitable ownership transfer considering the family dynamic
- Business valuation
- Business restructuring
- Retirement projections
- Exit planning