Business Succession Planning

Invest in the future of your business by creating a well-considered succession plan. The very existence of a succession plan emphasizes your commitment to your business’s future and instills confidence with customers, employees, lenders, and vendors. A properly executed plan benefits every person and entity associated with the business.

At Groves Law, the process of succession planning allows for an orderly assessment of current and future needs. Although each plan is unique, those with which we can assist include:

  • Family Partnerships
  • Reorganizing equity
  • Reviewing Insurance Plans and Beneficiary Designations
  • Updating Estate Planning
  • Buy/Sell Agreements
  • Reviewing Compensation Plans

We can recommend skilled accountants, financial planners and bankers to assist us in this process, or we can work with the people you already trust. Our ability to provide objective evaluation to our clients in the areas of taxation, contract law, estate planning, asset protection, dispute resolution and litigation has been invaluable.