Palos Verdes Business Estate Planning Attorneys
If you are like most business owners, you have put your heart and soul into making your enterprise a success. With advance planning, you can keep your business in the family, so that it continues to be a vibrant company.
At Burkley & Brandlin LLP, we help business owners throughout Southern California transition their companies to the next generation. Our firm has extensive experience in this very complex field, which involves aspects of estate law, business operations, financing and real estate.
For a free consultation with an experienced Torrance business succession planning attorney, contact Burkley & Brandlin LLP.
Developing and Implementing a Business Succession Plan
Estate and capital gains taxes can make it difficult to keep a business in the family. Disputes can arise among family members over issues involving ownership, management of the enterprise and the provision of offsetting assets to family members who are not active in the business. A well-crafted and executed succession plan can keep your business in the family as an active and profitable enterprise.
Our firm has helped many business owners overcome these and other issues arising from the transition to new ownership. As experienced estate planning lawyers, we understand the many different legal and family aspects of this process. As business law advisors, we have also provided business owners over the years with practical advice in matters involving corporate organization, finance, real estate and other issues affecting business operations. Burkley & Brandlin LLP will work closely with you to develop a succession plan that addresses these issues in an effective way.
After the first generation, roughly half of all family-owned businesses go under or are sold to outside owners. But this does not have to happen. A well-crafted and executed succession plan can keep your business in the family as an active and profitable enterprise. Let Burkley & Brandlin LLP show you how it can be done.
For a comprehensive discussion and analysis of business succession planning, please see the article entitled Succession Planning For The California Family Business, which was co-authored by Brian R. Brandlin and published in 2009 by the California Continuing Education of the Bar (CEB) in the California Business Law Practitioner.
Contact Our Firm
For a free initial consultation about a business succession or estate planning matter, contact Burkley & Brandlin LLP.
