Business Formation Planning

Our firm helps establish businesses of all sizes, from limited liability companies to S Corporations and Partnerships. Use our experience and expertise in business planning services to help position your business for success on an ongoing basis.  

Business Succession Planning

Have you been looking forward to the day you can retire, perhaps turn your business over to a son or daughter, or sell it to a key employee or other? Even if you are not planning to stop working, you need to plan for the day you cannot run your business due to unforeseen illness or death. Most business owners do not take the time to plan for how they will leave their business. They are busy running the company, or they don’t know where to start. But if you continue to own a business until you die, it will be included in your estate and could be subject to substantial estate taxes. Your family could be forced to sell the business or its assets at ‘fire sale’ prices. You have worked too hard all these years for your family not to reap the benefits.

Planning for how you will exit from your business should be an integral part of your estate and retirement planning. Proper planning now can provide you with retirement income, reduced income and estate taxes, and even let you benefit a charity if you so choose, regardless of whether you transfer your business to family members at discounted values, to employees, or to an outside buyer. In today’s market, the economy and trends are affecting the timing and value of business transfers.