Business Succession Planning
Firm Overview At The Kaiser Law Firm, P.C. in St. Louis, Missouri, we believe that our clients deserve attorneys who spend time getting to know the clients and their objectives. Our attorneys have a deep understanding of the law in our practice areas and it shows in the results we obtain for our clients. Those practice areas include:
more... Our Address The Kaiser Law Firm,P.C.
12231 Manchester Rd.
First Floor
St. Louis, Missouri 63131
phone : 314.966.7766
fax : 314.966.7744 | A well-developed business succession plan is one of the most important factors in transitioning a family business from the older generations to a younger generation of management or selling the business to key employees or outside third parties if there are no family members in the business. The Kaiser Law Firm, P.C. provides strategies that help owners of closely held and family-owned businesses establish ways to help ensure that their business will continue to operate smoothly when they retire or die.
Approximately two-thirds (2/3) of family owned businesses fail to be passed on to the next generation. Of those that do, close to 50 percent do not survive the transition from second to third generation ownership. There are a number of reasons for this including:
Estate taxes which may force a sale of the business; Family disharmony, lack of interest or experience; The failure to groom a “successor” to operate or purchase the business; and Unexpected disability of a key employee/owner, resulting in a forced sale to raise cash.
Business succession planning is an important part of any estate plan. The Kaiser Law Firm, P.C. strives to help our clients secure their legacy by developing a succession plan that provide for the continued operation of businesses they have spent years building
Our Focus
Our primary focus is establishing a long-term relationship with the shareholders and family members involved in the business so that we can understand the goals and needs of everyone involved. The Kaiser Law Firm, P.C. provides our clients with different choices to help them accomplish all of their goals and objectives.
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Contact The Kaiser Law Firm, P.C. to schedule a free consultation. Let us assist you and your business toward a stable, successful financial future.
Lawyers at The Kaiser Law Firm, P.C., bring a family-friendly, community-oriented approach to the practice of law. View our attorney bios here.
If you need a lawyer who will listen to your concerns and provide the necessary experience and expertise to assist you in obtaining the results you seek, contact The Kaiser Law Firm, P.C. at (314) 966-7766 or email: phil@kaiserlawfirm.com. Our attorneys represent clients in St. Louis City, St. Louis County, St.Charles County and surrounding areas. |
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