Business Succession

You took risks, grew your business in the good times, and guided it through the bad. You have shouldered the responsibility of providing good jobs for your employees and delivered high-quality products and services to your customers. You want to see your business continue to thrive after your retirement.

Do you have the management team in place to run the business without you? Do you want to sell your business to your key employees or bring in a son or daughter? Is it time to sell to a larger company? Should you gift the stock to your children? How does this fit in to your estate plan? What is your company worth? Will income or estate taxes take all of your hard-earned equity? Can you trust your children or employees to make the right decisions for the future so that your business continues to succeed?

The business and estate planning lawyers of Buckley Law can help you address all of these questions. When you ask, “How do I transfer my family business?” we listen, help you refine your goals, and work with your CPA and financial advisors to craft a plan that successfully transitions the ownership of your business. A business succession plan needs to start a number of years before you want to retire or sell so there is adequate time to execute the plan.