Owners of family businesses face legal challenges when passing business assets from one generation to the next. Because of our background in estate planning, real estate and business law, The Soto Law Group is especially adept at guiding clients through the business succession process.
With law offices in Newport Beach, we serve the legal needs of businesses and families throughout Orange County and across the surrounding areas.
The Need For Business Succession Planning
Far too many California businesses fail to thrive after a change in ownership. With sound business succession planning, however, you can give the new owner the best possible chance of continued success.
As an established estate planning law firm, we can help you draft wills, trusts and other documents that allow you to transfer business assets to the next generation.
We can guide you through all steps of the business succession process, including:
- Transferring real estate
- Drafting buy/sell agreements
- Establishing LLCs or other business entities
- Establishing a transitional management plan
- Reviewing insurance policies
Sound planning today can help the new owner avoid future pitfalls that could prove harmful to the business. Legal planning can also avoid unnecessary taxation, future lawsuits and other liabilities.
Your business succession goals are unique. We will work with you closely to establish legal plans that protect your unique interests.
Talk To A Lawyer About Your Family Business Goals
We are here to offer you the guidance and representation you need to ensure a smooth transfer of business assets. Reach out to us today online or by telephone at 949-945-0415 to arrange your free initial consultation with an experienced estate planning and business law attorney.