From business matters to personal legal issues.
Practice Areas
Asset Management & Business Succession Planning
You have invested a lot of time and money into creating your successful family-owned business or closely held corporation a success, and you want to make sure that it continues to thrive after you are no longer involved in daily operations. The experienced corporate and estate planning lawyers at Morton & Gettys can assist with business succession planning.
The key question: Do you want the business to continue under family ownership or do you want it to be sold to provide for a spouse or children? Once you have talked with your family and determined an answer, Morton & Gettys can help create a plan to execute it.
For a business with a single owner, a key planning question often becomes, which heirs would want to be involved in the business or have the skills to run it? If only one meets those qualifications, Morton & Gettys can help create a plan to transfer the business to that heir while making sure others receive an equal distribution of assets.
For businesses with multiple owners, planning should begin with a thorough examination of the company’s governing documents. The Morton & Gettys Business Law Team stands ready to help should you need assistance.
