We believe strongly in the family-owned business as a mechanism to pass values and wealth from generation to generation. At the same time, we understand that while blood is thicker than water, the strains of working under the same roof can test the bonds that hold families together. We represent many family-owned businesses and understand their unique dynamics. We are especially attuned to the tax, business, and personal dynamics at play in succession planning – the delicate process whereby the older generation hands the reins of the business to the next in line.
Family-owned businesses are like any other businesses, but different. Often, the voice of an experienced and trusted counselor can provide great benefits to family members facing the unique challenges they face.