Business Succession Planning

Don't leave your business to chance. Protect your business with our experienced professionals.

Rarely does a business owner put as much effort into making sure they have a plan in place to pass along the business when the time is right, as they do in building and operating the business to make it successful. All the hard work and time sacrificed to build the business should not go to waste.

There are many things to consider when transitioning a business.

Whether the business will be left to the kids, transferred to business partners or key employees, or sold to an outside party, it is important that business owners put a well-structured business succession plan in place and give thought to the tax, legal, and emotional/psychological issues that come into play when turning over control and ownership of what is frequently the business owner’s most valuable asset.

Succession plans tailored specifically to the individual business and its owners.

Regardless of the business owner’s long-term plans for the business, having a deliberate and detailed succession plan in place is essential to ensure that the owner’s wishes are met. These decisions are often complicated and at Valley Heritage Law we are able to work with business owners to design and implement a carefully structured plan to maximize value for the owner and minimize the tax impact.

Our team at Valley Heritage Law can help you design and implement a carefully structured plan that meets your needs.