Estate Planning Attorneys For Business Owners In Pennsylvania And Florida
As a business owner, you always consider the future and how your company will remain competitive as the world changes. However, it’s also essential to consider the what-ifs, like who will run your business if you become incapacitated or if you intend to pass your business down to heirs or sell your business to someone else. It’s crucial to be proactive about these matters to ensure that your wishes are known and that your family’s interests are protected.
At Lenington, Gratton, & Associates LLP, our estate planning attorneys can help you account for these what-ifs and implement a safety plan if you encounter them.
To set up a consultation, please call us in Canonsburg, Pennsylvania, at 724-271-8300 or in Fort Walton Beach, Florida, at 850-374-8549. You can also send us an email inquiry. Our attorneys are licensed to practice in Pennsylvania, Ohio, Virginia, West Virginia, Texas, New Mexico, Alabama and Florida.
How A Comprehensive Estate Plan Can Help
Aside from preparing for the future, there are many other benefits of including your business in your estate plan. Some of those benefits include:
- Protecting your entity’s profits
- Ensuring a smooth transition of ownership or management after you pass
- Safeguarding your business assets from unnecessary tax obligations
- Protecting your business from the costs of probate
Our estate planning and probate attorneys have decades of experience. We can develop a comprehensive estate plan that gives you peace of mind.
Learn More About Business Succession Planning
A succession plan can function as an effective exit strategy for your business, which is why it’s so important to include one in your estate plan. With a succession plan, you can determine who will run your business should you pass or become incapacitated. It can also ensure a smooth transition from you to the next owner and minimize disruption to your operations.
If your business crosses state lines, we can provide guidance regarding interstate estate planning.
Update Your Current Estate Plan To Account For Business Interests
If you haven’t already, you must factor your business into your current estate plan, regardless if business activity is picking up or slowing down. Things can change fast and you want to reflect the current state of your business in your estate plan.
We can help you ensure your wishes, succession planning and other matters are updated in your estate plan and that every bit of your plan is legally sound.
Have Questions? We’re Here To Answer Them.
For business owners with significant assets, the idea of estate planning can feel overwhelming. We are here to make the process as smooth and effective as possible. To arrange a consultation, please call our office in Canonsburg, Pennsylvania, at 724-271-8300, or call our office in Fort Walton Beach, Florida, at 850-374-8549. You can also send us an email to get the conversation started.