Preserving a Business Legacy
More than 95 percent of American businesses are family-owned, with more than half of those owners having more than 50 percent of their total wealth tied up in their companies. When an owner or partner dies without having articulated a succession plan, disputes and a dissolution of the business often follows.
Serving clients in both Pennsylvania and New Jersey, attorneys at Dugalic & Landau, PC provide smart succession planning strategies that minimize tax liabilities, ensure continued financial strength and future prosperity, protect beneficiaries and ensure a smooth ownership transfer process.
Preserve your business and the legacy of everything you have worked so hard to achieve by taking advantage of the unique blend of experience, knowledge, individualized services and primary emphasis on estate planning issues found at our firm. Contact Dugalic & Landau, PC today to schedule a free consultation regarding your business succession planning concerns.
Effective Business Succession Planning
Business succession planning is one aspect of an overall, integrated plan to protect assets and transfer wealth. We understand this and are committed to providing solutions that effectively address your concerns, goals, family and business dynamics and the tax consequences associated with specific choices.
In working with you to create an effective business succession plan, our lawyers can help you:
- Develop a sound exit strategy
- Articulate your personal goals and vision for the succession
- Minimize or eliminate estate taxes
- Create the kind of liquidity that can prevent the business from being forced to liquidate assets in order to payoff tax and debt obligations
- Establish a contingency plan in the event that you become disabled
- Ensure adequate cash flow to you in retirement
- Define the roles and responsibilities of family members after the succession takes place
- Anticipate and take steps to reduce the likelihood of disputes
We offer free initial consultations, speak Serbian, Croatian, Russian and French and maintain Philadelphia area offices in Upper Darby and Conshohocken, as well as a Mount Laurel, New Jersey, office. Schedule a free consultation today by calling us locally at 610-624-4634, toll free at 1-888-309-6712, or by sending us a brief e-mail message.
