PRIVATE COMPANY SERVICES

Succession Planning

You have built a successful business enterprise during your life, and it is your wish to transition this business to one or more of your children before you retire.  However, you may find that this process is more complex than at first thought.  You may have many unanswered questions about the income tax effects of your various alternatives, and how to effectively manage the transition with fairness and in a manner that provides for your retirement needs in the years ahead.

In addition to understanding the corporate structure of your business and providing sound tax planning and advice, transferring a family business to the next generation successfully requires going beyond the numbers.  Clear communication and understanding family values, expectations and dynamics are key to creating an effective plan for succession.  Avisar’s multi-disciplinary team of professionals is skilled to understand and manage both the technical and family aspect of succession planning to facilitate peace of mind and success.