Business Succession Planning
Columbus Business Succession Planning Attorneys
If you own a family business, it is extremely important to plan ahead. What is going to happen to your business when you retire or when you pass away? At the law firm of Baxter, Borowicz, and Brunckhorst Co., LPA, in Columbus, Ohio, our attorneys have extensive experience in both estate planning and business law, giving us a unique understanding when helping families plan for the succession of their family business.
Do you need a plan for your business’s future? At Baxter, Borowicz, and Brunckhorst Co., we find practical solutions for businesses and families throughout Ohio. Call our Columbus business attorneys or send us an e-mail.
Helping Businesses, Helping Families
A good business plan can enhance family harmony. We will help you achieve this harmony through comprehensive family business planning. We understand how to protect a closely held company. As part of your business succession plan, we will create an equity buy-sell agreement which is a predetermined contract developed over time where the family transfers the business to the children.
We also work closely with your insurance agent to determine that you have adequate life coverage in place to fund the buy-sell agreement. Additional strategies include transferring business interests to children through lifetime gifts. We will advise you on the best way to protect your family and your business’s future.
We Look Forward To Working with You
Contct Us to arrange a consultation with one of our experienced lawyers. From our office in Columbus, we strive to find workable solutions for businesses throughout Ohio.