The Michael Law Group, P.C.
  • Home
  • PRACTICE AREAS
    • Estate Planning
    • Probate, Estate and Trust
    • Business Planning
    • Charitable Planning
  • Attorney Bios
    • Jonathan W Michael JD LLM
    • John E Fish JD CPA
    • Ryan S Smith JD
    • Krystian R Seebert JD LLM
  • Philosophy
  • About
  • Contact Us
  • Newsletter
  • Resources
  • More
    • Home
    • PRACTICE AREAS
      • Estate Planning
      • Probate, Estate and Trust
      • Business Planning
      • Charitable Planning
    • Attorney Bios
      • Jonathan W Michael JD LLM
      • John E Fish JD CPA
      • Ryan S Smith JD
      • Krystian R Seebert JD LLM
    • Philosophy
    • About
    • Contact Us
    • Newsletter
    • Resources
The Michael Law Group, P.C.
  • Home
  • PRACTICE AREAS
    • Estate Planning
    • Probate, Estate and Trust
    • Business Planning
    • Charitable Planning
  • Attorney Bios
    • Jonathan W Michael JD LLM
    • John E Fish JD CPA
    • Ryan S Smith JD
    • Krystian R Seebert JD LLM
  • Philosophy
  • About
  • Contact Us
  • Newsletter
  • Resources

Business Succession Planning

 Your family’s future is directly tied to the success of your business until after you step down. Knowing what will happen to your business before you leave, regardless of circumstances, will give you peace of mind, and serve to provide continuity to the business, its customers and employees. Most importantly, it also addresses the many sensitive and emotional issues that are often involved.


Owners achieve the best overall outcomes by creating a business succession plan in tandem with their estate plan — far in advance of its actualization— because both share many of the same goals, including preserving assets and protecting family. Business succession planning often includes structuring your estate plan to protect your business assets and minimize the tax consequences of transferring your business after your death.


We work with many clients at the onset of incorporation, to help them choose and form the appropriate entity to meet their business planning needs, and, if requested, we will assist clients with the maintenance of those entities.  TMLG has vast experience preparing important agreements, including:

· Shareholder Agreements

· Partnership Agreements

· Family Limited Partnerships

· Operating agreements

· Buy-Sell Agreements

· Installment Sales. 


Call us today, your legacy is our business: The Michael Law Group or by calling us at (312) 900 0150


Resources:

Family Office Investment Partnerships

The Michael Law Group, P.C.

311 South Wacker Drive, Suite 1590, Chicago, Illinois 60606

(312) 900 0150

Copyright © 2020 The Michael Law Group, P.C. - All Rights Reserved.

Powered by

This website uses cookies.

We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.

Accept