A business is generally the most valuable asset of a businessperson. If you own a business, the time will come when you need to transition from your management role. There are different options for bringing in the next leader of a business. Some owners opt for a gradual transition while they’re still in their prime. Others prefer to wait until they are in a position to retire. Regardless of which path you prefer, what’s most important is having a business succession plan.
Since Life Care Legal Counselors has experience with structuring businesses, dealing with taxes and handling succession, we know how much time and money can be saved by having a plan. We will work with you to ensure that the business you’ve built will continue to thrive long after your hands-on involvement has ended.