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Fort Lauderdale Business Succession Planning Attorneys

Lawyer for Business Succession Plans in Pompano Beach

Lawyers in South Florida for Protecting a Business Through Estate Planning

When you have worked hard to build up your business, you want to know that it will be in good hands when you are no longer there to run it. Your business is an important part of your legacy - you believe in it, and you want it to last for a long time. You likely already have an idea of who should take over your business, perhaps even a son or daughter you have passed down your knowledge to. Also important is ensuring that your business is well-structured to limit your liability and protect your assets.

There are important steps you can take now to help ensure continuity in the leadership of your business and to set it up for the best odds of long-term success. The Law Office of Miller & Miller, P.A. is committed to helping our clients protect their businesses from anything the future may throw at it as part of an estate plan. Our attorneys understand the dedication and sacrifice that goes into starting and running a business and will do everything possible to create a strong plan for keeping your company strong and your business assets safe.

Lawyers in Pompano Beach for Protecting Family Businesses With Retention Plans

If the business you are seeking to protect is family-owned, and you intend to keep it in the family, then a retention plan might be the best succession planning tool. A retention plan allows your family to retain control of the company and its assets after your death or incapacity. You can also use a retention plan in some cases to move business assets into a trust you have established for your beneficiaries. Powers of attorney may also be used to help with a smooth transition.

This is often the best way to provide for a smooth transition for family businesses. Our attorneys are committed to helping the proprietors of family-owned companies plan for keeping the business in their family members' hands.

Buy-Sell Succession Planning

For other types of businesses, a buy-sell plan can be customized to the needs of your business. A buy-sell plan provides for co-owners, shareholders, and sometimes critical staff members or other interested parties to eventually take over your interest in the company. When you are no longer performing your business duties, these interested parties are offered first right-of-refusal to purchase your shares. A stock transfer is then done.

At the Law Office of Miller & Miller, P.A., we will create the customized buy-sell plan that is right for your business. Whether you own a small company with one partner or a large corporation with multiple shareholders, our attorneys have the experience necessary to help you build your ideal succession plan.

Lawyers in Wilton Manor Helping You Protect Your Business

Asset protection planning helps you keep your business safe against creditors, lawsuits, and other problems that can be devastating to a family or small business. Florida offers relatively liberal asset protection laws, allowing you to follow your dreams of starting a business without putting your personal and family assets at risk. It is possible to structure a business so that only the business - not you personally - is liable for any judgments against it.

Our experienced attorneys can help you set up your business in a way that minimizes your personal risk. Our firm is dedicated to supporting entrepreneurs as they build and grow their businesses.

Contact a Broward County Attorney for Business Succession Planning and Protection

Law Office of Miller & Miller, P.A. has the knowledge and skill to create individualized retention or buy-sell succession plans that cater to the needs of our client and their business. Our attorneys are also experienced in protecting business assets through careful planning. Contact us at 954-981-9301 for a free consultation. We serve clients throughout Broward County and South Florida

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