Business Succession Planning

HunterMaclean’s corporate and tax attorneys are committed to helping business owners transition knowledge and core values to future generations. Our experienced attorneys work with their clients in structuring succession plans that meet the client’s personal and business goals. Our attorneys educate clients on the significance of business valuations and the use of buy-sell agreements, recapitalizations, family limited partnerships, and life insurance products as tools for making a succession plan a practical reality. Business owners receive a comprehensive plan; our attorneys review all facets of the transition with the client from maintaining control of business lines, income, and gift and estate tax considerations to future cash flow requirements.

HunterMaclean’s attorneys have helped many families and closely held businesses successfully transition control and ownership of their companies to the next generation. Our attorneys are well-versed in exit strategies, business restructuring, mergers, acquisitions, and intra-family sales. Above all, our attorneys recognize that business succession is typically part of a larger estate plan requiring a personal dialogue with the business owner about their specific goals and how to ensure that the next generation are stewards of their legacy.