Protecting Your Legacy
We understand that your business and your family are your legacy. You’ve worked hard to build what you have, and a well thought out plan in place for your estate, including your business, is vital. Our experienced team will work with you to get a full picture of your assets and your wishes, and craft the estate plan that will best protect what matters most to you. We offer comprehensive planning services for individuals, families, and business owners.
Our Philosophy on Estate and Succession Planning
When it comes to our clients, our approach is personalized and direct. We know that your situation is unique to you and that your family deserves a creative and customized solution – not a cookie cutter approach. We want to know what’s going on with you and your family. In fact, as we begin our work together, we generally create opportunities to meet with everyone in the family so we can reflect the goals and desires of each member in our work. We meet you where you are and learn what’s important to your family before delving into our estate and succession planning toolbox. The result is a customized, personalized plan that captures the essence of your family and its current and future goals regarding personal estate matters and business succession planning.
Individuals and Families
A well-thought out estate plan is a gift to your loved ones. In building the right estate plan for your family, various legal, financial, and medical needs should be considered, in addition to your wishes in passing your property on to your chosen beneficiaries after your passing. The process of completing such a plan is highly personal, and there is no one size fits all solution. The right estate plan will create tax efficiencies, limit or eliminate the necessity of probate proceedings and ensure peace of mind for your loved ones.
We work with business owners to develop a plan for the smooth transfer of closely held businesses, whether you are handing it down from generation to generation, selling to an outside party, or selling to your employees. We can help make this transition an easy one, minimizing tax consequences to you and ensuring that your business is in safe hands for the future.
Business Succession Planning
A business succession plan is critical to your company. Having a solid plan in place will eliminate uncertainty and minimize unintended consequences. A good succession plan will not only protect you and your family, but it will help keep your business strong and protect your employees. Our experience with estate and tax planning, organizational structure, executive compensation, and mergers and acquisitions allow us to work with you to reach a solution that makes the most sense for your unique business.
Planning for the transition of a medical practice requires special considerations. It is important to plan ahead, not only for your family, but for your practice and your patients. Having your personal estate plan in place, plus a succession plan for the sale or transfer of your medical practice, will ensure that the people you care about the most are taken care of should something happen to you. We’ve worked with numerous medical and dental professionals buying and selling practices, we understand the unique considerations that come with that transition.
Your family farm represents decades, perhaps more than a century, of hard work and dedication to your land. As time goes on, the family members who participate in the farm may shift and change, but the importance of the land does not. We’ve worked with hundreds of family farmers and other agriculture professionals on estate and farm planning, and have the expertise in entity structure, real estate, taxation, and agribusiness to understand your unique situation.
Probate and Trust Administration
The process of administering a loved one’s estate can be stressful and time consuming, especially when you are grieving. We’ve guided countless families through the process, whether that means a court proceeding or administering the assets of a trust. We work with your loved one’s advisors in handling financial accounts, tax liabilities, and transferring title to assets in an orderly manner.
Helping our Clients with Estate Planning and Succession
We have the privilege of working with many types of clients from individuals to small and family-owned businesses. We are pleased to work with:
- Young Families
- Small Businesses
- Farm and Agriculture Businesses
- High Net Worth Families
- Family Businesses
What Really Differentiates Us
Aside from our years of experience and deep knowledge of estate and succession planning, when you work with us you will notice we are extremely hands-on. You deal directly and personally with us as we brainstorm the best options for your estate and business. Because of our collaborative environment, we pull in the expertise of our colleagues as needed when there are issues involving employment law, real estate or intellectual property.
Many firms will farm different matters down to lower level associates or paralegals. When you work with Avisen Legal, you will be working directly with the lawyer you hired. We pride ourselves on being accessible, and offering practical, no-nonsense advice.
Find out more about how you can take your estate and succession planning to the next level. Contact us today with your questions. We are here for you.