COMPREHENSIVE BUSINESS SUCCESSION PLANNING ATTORNEYS IN OKLAHOMA 

Ensure your business is preserved as you want it to be with Business Succession Planning 

As a business owner, you have successfully built your company up with pride and integrity. You may wish to keep the business within your family or sell it, before or after you pass away. Regardless of which routes you choose, careful planning will ensure the business remains and is protected from large, unexpected tax liabilities. 

Taking simple steps to secure your business and financial well-being through a well-designed estate and business succession plan ensures your professional and personal assets will all be in order.

Creating a customized Business Succession Plan

Business Succession Planning refers to using estate planning strategies to ensure your business has a solid foundation upon disability, retirement, or death. Succession planning helps make necessary accommodations no matter the situation or unexpected occurrence. A properly designed plan will integrate the business aspects with overall objectives of the estate, forming a cohesive, overall plan.

Our business succession plans will address:

• Retirement income for owners
• Estate Taxes
• Formalized arrangement to transfer ownership
• Any sibling, family, or partner conflicts 
• Family versus non-family ownership

Once a business succession plan has been developed, it should address the systematic transfer of the management and ownership of your business. Proper planning will protect the business you've worked so hard to maintain. 

To learn more, contact our estate planning lawyers who are knowledgeable in succession planning. We will ensure your estate planning documents are in-line with your will and other estate planning documents. We are here to talk, at 405-701-5355.