Family Business Succession Planning (Tax)

Family Business Succession and Transition Planning

We help position families in structuring an orderly transition of their businesses whether to the next generation or to arm’s length buyers while planning to minimize taxation. Our many years of experience in dealing with all facets of family businesses gives us expertise in:

Succession Planning and Governance

Designing and implementing succession plans that facilitate a smooth transition of family business assets to the next generation on a tax-efficient basis;
Engaging family members and other stakeholders in discussions about vision, collective goals and implementation options;
Advising on and drafting shareholder and partnership agreements;

Preparing Family Businesses for Sale

Preparing family businesses for sale to third parties;

Dispute Resolution and Family Dynamics

Resolving family disputes;

Tax-Efficient Reorganizations and Estate Planning

Implementing estate freezes;
Negotiating, structuring and implementing reorganizations to separate assets or business divisions on a tax-efficient basis amongst family members or co-owners, including butterfly transactions; and