Business Succession & Exit Planning
Understanding Exit Plans
Business succession planning for the long term is a process that should
be started sooner rather than later. Developing a succession and exit
plan is often delayed or ignored by business owners who are not considering
the seemingly distant future. At Barth Calderon LLP, we understand the
importance of this endeavor and can help prepare our clients for the exit
of their involvement in a business either due to changing interests or
death. Pre-planning should take place at once so that businesses have
a higher chance of success and financial stability. Our
asset protection attorneys provide the information owners need to plan for the imminent future.
Consider the Future
You should begin business succession planning, including generational transfers,
at your earliest convenience. An important consideration to make is who
will receive the business after you retire or pass away. Protecting your
business from creditors, helping it increase its value, and preparing
for acquisition, are all aspects of business exit planning. During a
free case evaluation, we can evaluate what is the most appropriate succession plan for your
company's future. Our focus will be on maximizing the after-tax sale
income received for the company from a sale or transfer of ownership.
At Barth Calderon LLP, we can discuss all of your available options for
this business practice. Your business succession and exit planning may
even be included in an
estate plan. Our legal team can assist you through the creation of an exit plan that
addresses a wide range of issues, such as the coordination of financial
planning and business appraisals. Our firm can help identify owner compensation
tools and any legal problems that may arise.
Contact our firm today for legal assistance with handling the planning the future of your
business - and your life.