Business Succession & Tax Planning

Family operated and closely-held businesses have unique issues and concerns that necessitate focused and specialized knowledge. Business owners often become so involved in the daily operations of their companies that succession planning is something that never becomes a priority. At MacDonald Illig, our attorneys will make you and your business a priority and help ensure that the company you have dedicated your life to building will have a smooth transition regardless of whether you retire, become disabled, or suddenly pass away.

No matter what size your business may be, our attorneys have the experience to create a succession plan that will provide you with the peace-of-mind of knowing your business will be in good hands when you decide to step away. We work with privately held and closely held businesses and business owners in devising unique succession plans. Our plans are implemented through the preparation of wills, trusts, shareholder agreements, buy-sell agreements, and other integral documents and instruments that help to ensure a smooth transition. Whether you are looking to sell your business or want your children to inherit and run your business, we have the knowledge to create a succession plan that will work for you. We have worked with a variety of businesses and business owners in helping them make successful transitions and feel confident that we can do the same for you.