Business Succession Planning

Cummings & Lockwood’s attorneys have extensive experience in the creation of succession planning strategies for owners of privately-held businesses on the cusp of a generational change. Our clients include traditional operating businesses, entrepreneurial enterprises, family investment partnerships and large family foundations.

Our Business Succession Planning practice capabilities include:

• Developing tax-efficient strategies for transferring ownership and control through family generations
• Planning for harmonious transitions of the business either during the owner’s lifetime or at death
• Assisting clients in the sale of an operating business and/or the conversion of an operating business into an investment-oriented family venture

Cummings & Lockwood - The Choice for sophisticated legal counsel.

Alerts & Updates

• Beware of Scam Targeting Owners of LLCs
• Client Alert - IRS Proposes Dramatic Changes in Valuation Discounts For Family-Owned Businesses and Entities For Gift and Estate Purposes

Videos

• 10 Challenges When Planning for the Business Owner