Whether your retirement is years away, or around the corner, most likely you will want to protect your business assets for the future. Your succession plan should include:

  • Structuring the proposed succession, including its tax consequences.
  • Contingency planning for unforeseen event.
  • Valuing business interest and determining the estate value.
  • Communicating the necessary aspects of the plan to family members, third parties, and employee.
  • Drafting a revision of key documents.