Orlando Business Lawyers
Experienced Advice in Business Succession
Too many small business owners neglect estate planning in an otherwise successful enterprise. A well-constructed business and estate plan addressing disposition of a business is critical to asset protection in the event of retirement, death or incapacity.
Pierce & Associates of Orlando, Florida, offers experienced legal advice in the core areas which affect our business clients: business law, real estate, mortgage law and estate planning.
Plan Now. Enable Your Business to Succeed.
Whether operating a small family-owned business or a small or closely-held business, the future of the business is reliant on the plans regarding transferring ownership. Even thriving businesses can face significant financial setbacks and lost value if ownership transfers and transition periods do not go well.
At Pierce & Associates, we work with clients to gain full perspective of our client's goals and objectives. We design a personalized and comprehensive business succession estate plan that accounts for your business assets when the time comes to transfer to younger generations, or to your co-owner.
Our background in business transactions and probate law enables you to preserve assets for surviving business partners or family members. Our experience paired with our comprehensive knowledge of the law enable us to provide effective, proven business succession strategies for our clients.
Minimize Consequences ∙ Preserve Assets ∙ Promote Growth
If the business will be kept in the family, we structure the plan for minimal tax consequences when the business and estate pass to a surviving spouse or children. When appropriate, we encourage clients to incorporate family businesses and rental properties as separate corporate entities or LLC's (limited liability companies) to preserve and protect as many of the assets as possible.
If the business will be sold upon the death of the business owner, we structure buy-sell agreements or other methods to arrange for disposition and distribution of the proceeds to heirs.
Contact the experienced business lawyers of Pierce & Associates to arrange a consultation to discuss your business succession planning needs. Call our Orlando law office at 407-982-3869 or fill out our intake form online.
