You may have thought about what would happen to your business if you pass away. Perhaps you have even thought about who you want to take over for you, and maybe you have even discussed this with that person. Did you take the next steps by creating a business succession plan that ensures your wishes will be respected when you pass away? If you have not yet done so, you could be leaving your family in a difficult position.
At the Law Office of Christopher P. Walker, P.C., I have been helping California businesses plan for the future for 25 years. If you have any current business ownership interests, you need to make sure that you develop a comprehensive estate plan that protects your business after you pass away. You do not want to see everything that you worked so hard to accomplish disappear overnight simply because you failed to make your business succession plans known.
I will carefully explain all of your business succession options. I will review all of the possible choices that you will have at this time so that you can determine what is best for you. After we decide what needs to be done, I will draft all of the necessary documents needed to carry out your goals.
I want to prevent uncertainty for you and your family. Uncertainty at such a critical time over such an important matter can often lead to serious disputes between family members who believe that they should be responsible for the future of the company. These disputes take time and money to resolve, and this will impact the business’s bottom line. This can all be avoided if you make time to create a succession plan that carefully spells out what you want to happen.
You worked hard to get to where you are. Make sure that your family has a plan in place to continue business as usual should you pass away unexpectedly. To schedule a consultation with an experienced business succession lawyer, please call my Anaheim office at 714-639-1990 or send me an email using my contact form.