Retirement and Business Succession Planning

Retirement Planning

Nearly everyone these days has an IRA, 401(k), or other retirement plan. The choices and elections that they require are often difficult to understand and the income and estate tax consequences of failing to plan adequately for the distribution of these accounts can be devastating. Our attorneys are skilled in these planning techniques and regularly assist clients in this complex area.

Business Succession Planning

Family-owned and closely-held businesses present special Estate Planning challenges for their owners. Traditional estate tax concerns are combined with additional problems of liquidity and transition of management. Our estate planning lawyers have significant experience in this area and can guide the small business owner in developing an estate and business succession plan that will maximize the business’s chances for success while promoting equity and reducing strife among heirs.