Business Succession Planning

Plan and transfer business ownership with confidence and clarity.

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Grow Confidently With Business Succession Planning and Coaching by Legacy Law

At Legacy Law, we specialize in designing strategic business succession plans that safeguard your company’s future and its legacy. Our conversational and consultative approach ensures smooth transitions of ownership and management, minimizing disruptions and preserving your business’s value for future generations or new owners.

Legacy Law Business Succession Planning Services in Lancaster Include:

Shareholder & Buy/Sell Agreements

Family Business and Shareholder Guidelines & Policies

Deferred Compensation Agreements and other Key Person Incentives

Life Insurance Trusts

Generational Legacy Trusts

Formation of Business Entities like

- Corporations
- Limited Liability Companies
- Family Limited Partnerships

How Good Succession Planning Transforms Businesses and Families

As a business owner, two of your greatest decisions are deciding when to step out of the family business and how to make the transition in a way that honors the needs of the business and sets the next generation up for success.

But the first and most important business succession planning decision?

Simply deciding to talk about it.

Legacy Law can help you create a seamless plan that not only protects your business’s continuity and reduces tax liabilities, but upholds your vision for its future. We understand that the stakes are high when preparing for the future ownership and legacy of your business. These issues are sensitive and complex, demanding careful, intentional planning.

That’s why conversations and transparency are crucial. A successful transition requires both time and intention in working with your family, your company leadership, and your trusted professional advisors. It requires identifying and developing next-generation owners and leaders and developing and implementing a plan that aligns with your needs, the needs of the next generation, and the needs of the company.

Successful transitions are what “legacy” is all about.

At Legacy Law, we’re committed to journeying with you – to make the complex simple, and to provide the technical legal expertise and sound counsel you need throughout the process. By supporting your family, company leaders, and professional advisors, we’ve been helping businesses like yours work to successful hand-offs for nearly two decades.

How It Works

Initial Consultation

It begins with a conversation about your business’s needs and your objectives for succession planning.

Strategy Development

With insights from our initial consultation, we provide a clear plan and pricing structure for a comprehensive engagement.

Implementation & Support

Implementation and Support - The work begins with interviews, dialog, and conversations to understand the needs, hopes, and capabilities of you and your key stakeholders or family. Focusing on strategies that will help ensure a smooth transition and a clear vision for the future, we work collaboratively to create a succession plan that honors your business’s beginnings, while structuring it for success far into the future.

Secure Your Business's Future with Legacy Law

Thinking about your business’s legacy?

At Legacy Law, we provide comprehensive business succession planning and coaching services tailored to the needs of your business, family, or leadership. Let’s work together to create a strategy that aligns with your values.

Contact us today to start planning for your business’s future.

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