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BUSINESS SUCCESSION PLANNING

Family businesses that were painstakingly built over the years need to have a sound legal plan for their transfer to the next generation.  A recent study reveals an alarming statistic: nearly one-third of family businesses do not successfully make the transition to the second generation.  Family disputes are common, and settling them legally is not an available option in most scenarios.  Identifying the correct individual or individuals to entrust with assuming the reins of a business, and implementing an equitable transition vis-à-vis other family members (who may not be involved in the day-to-day operations of the business), needs to be done with the guidance of an experienced and knowledgeable law firm.

BROOKLYN OFFICE (Main)
2511 Avenue I, Suite 102
Brooklyn, NY 11210

BROOKLYN OFFICE (Satellite)
4714 16th Avenue, Suite 209
Brooklyn, NY 11204

LAKEWOOD OFFICE
7 Sherwood Drive
Lakewood, NJ 08701

MONSEY OFFICE
777 Chestnut Ridge Road, #306
Chestnut Ridge, NY 10977

Tel: (718) 564-6333
Fax: (718) 564-6330

Tel: (718) 564-6333
Fax: (718) 564-6330

Tel: (732) 526-6333
Fax: (732) 526-6330

Tel: (845) 576-6333
Fax: (845) 576-6330