Business Successions

Skilled Guidance For Succession Planning in Orange County

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 succession planning process.

With law offices in Newport Beach and Indian Wells, we serve the legal needs of businesses and families throughout the Coachella Valley, Riverside County, 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 in Orange County and beyond, 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.