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In Brief: A Digest of Corporate & Business Succession Planning Projects
Related Services:
Business Succession Planning
Corporate
Client Success
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Represented the owners of a large closely held business who wanted to benefit all of their children but wanted to provide a larger percentage of their business assets to descendants active in the family business. Designed a trust to accomplish this goal over multiple generations while providing significant estate and generation skipping transfer tax savings and asset protection to the beneficiaries;
Advised a family that wished to retain a minority interest in a conglomerate purchasing the family’s business and was able to exchange the interest in the business for an interest in the conglomerate on a tax-deferred basis;
Advised numerous closely held companies with respect to structuring business succession and shareholder buyout plans, including stock transfers, employment agreements, leases, buy-sell agreements, employee stock ownership plans (ESOPs) and equity compensation plans.
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