Succession Planning

Estate planning attorneys are the cornerstone of the wealth transfer process, legally documenting client objectives, designing asset protection and the reduction of estate and gift taxation. Each ownership entity created in the process requires ongoing management and often exposes individual family members to potential fiduciary liabilities. Well thought-out plans can still bring about unintended consequences.

Our Role

Working with the FAC, we provide support in developing realistic distribution objectives that have a high probability of sustainability. Working as a member of the professional advisory council, we provide guidance in the development of the family “money” business organization, including current and successor leadership identification and training. Our role includes assisting families in communicating and implementing their plans through family meetings; one-on-one coaching; and our specialized quarterly, semiannual, or annual wealth reports.