If you are planning to transfer your business to family or employees, you should seek the assistance of a qualified accountant and experienced legal advisers.
The business succession plan should be one that ensures that the business will be passed on successfully in a manner that enables the business to prosper and protect the investment of the retiring owner.
The business succession plan should have a structure that is tax friendly to everyone (except the tax collector). The business succession plan must also be reasonable and protect all parties.
Our Business lawyer, Andrew K. Zyp has vested interests in the generation that is retiring. The business lawyers at Stewart Esten Law Firm have extensive experience in completing succession plans that are successful and beneficial to all parties.