Business Succession Planning

Closely held and family owned businesses represent complex challenges, especially following the termination, retirement, disability or passing of a principal owner. We guide our clients as owners in transferring the business value to or receiving the value from the other partners, shareholders or family members. Planning techniques provided to our clients can minimize the tax consequences while preserving the operation of the business to provide cash flow to the departing owner or their heirs or successors.

Call (248) 643-9530 during business hours or email for a consultation.

Business Meeting

Your enterprise is unique, and our experienced planners have many options available to ease the burden of the business transfer to those clients who will continue to run the enterprise. These are just a few of the tools we use to solve these business succession issues:

  • Life, disability, and key man insurances;
  • Buy-sell agreements;
  • Family limited partnerships and LLCs; and
  • Gifting.

A “Business Divorce” is always messy and expensive.  Our well-seasoned staff offers solutions to minimize the disruption of these events when they occur. 

Discover our Business Transactions / Merger and Acquisitions

Learn more about our Wills / Trusts / Probate Asset Protection Services

See our Courtroom Success

Call (248) 643-9530 or email for a consultation.

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