
Valuing a Private Company for Succession
Why Business Valuation Matters Valuation is the cornerstone of every solid succession plan. Before transferring ownership, you must know your company’s true worth. A credible,

Structuring the Transfer: Sale, Gift, Redemption, or Cross-Purchase
Structuring Your Ownership Transfer Once you’ve chosen who will take over your business, the next step is deciding how ownership will change hands. The structure

Choosing a Successor: Family, Management, or Outside Buyer
Choosing the Right Path for Business Succession When it’s time to decide who will take over your business, the choice can feel both personal and

What Is Business Succession Planning and Why It Matters
What Is Business Succession Planning? Business succession planning prepares your company for a change in ownership or leadership. According to the U.S. Small Business Administration,

How Probate Attorneys Help Executors and Families
The Role of a Probate Attorney in Estate Settlement A probate attorney helps families and executors manage the legal responsibilities that arise after someone passes

What Happens If Someone Dies Without a Will?
Dying Without a Will: Understanding Intestate Succession When someone passes away without a will, they are considered to have died “intestate.” In this situation, state