Passing Down Your Business? Plan for a Smooth Transition
Transferring a business—whether to family, a partner, or a third party—is a high-risk process. In fact, 7 out of 10 family-owned businesses don’t survive the transition to the next generation. Without proper planning, factors like estate taxes, family disputes, and unclear leadership can jeopardize everything you’ve built.
Our Succession Planning Services help you navigate the financial, legal, and operational challenges of passing down your business, ensuring a seamless transition for future owners while protecting your legacy.
Key Questions to Consider:
What will happen to your business? Do you want to keep it in the family, sell to a third party, or explore other options? We’ll help you evaluate the best path forward.
Who will manage the business? Ownership and management are not always the same. Will your children take active roles, or will they remain owners without daily involvement? We’ll clarify leadership expectations in legal terms.
How can you minimize taxes? Business transfers come with tax burdens, regardless of who takes over. We’ll strategize tax-efficient solutions to ensure financial security for both your family and the business.
How can you prevent family disputes? Inherited assets—especially businesses—can create tension. We help you structure a fair, transparent plan so your family understands your decisions before conflicts arise.
How We Help:
Determine your business’s value before making transition decisions
Analyze tax consequences and long-term financial impact
Develop a retirement plan that works for you and your family
Structure a legally sound succession plan to prevent complications
Let’s Talk!
Our schedule fills up fast, but if you call (718) 356-5178, we’ll provide two appointment options to get started right away. No stress. No confusion. Just expert guidance for a secure business transition.
