top of page

Business Life Cycle & Succession Planning

Transfer to Heirs

Laman Law has implemented the transfer of family business interests to heirs. We coordinate recapitalization of businesses into Voting and Non-Voting Shares; coordinate appraisals; and establish Protective Trusts to hold business interests for heirs. If a sale is involved, we document financing by promissory notes or through 3rd party lenders; we prepare gift tax returns; we balance the estate plan for non-active children; and implement agreements between active and non-active Heirs.

Sale to Management

Structuring arrangements for the sale of business interests to Non-Family Members; securing seller’s interest; structuring financing and security agreements; establish business agreements between purchasers to protect the business, seller, and the purchasers.

Sale to Third Party

Recommending structure, terms, assisting with valuations, tax planning pre and post sale to maximize the proceeds while coordinating the estate plan to facilitate the change in asset structure.

Shareholders’ Agreements

Our experience with shareholder arrangements allows us to assist structuring agreements among individuals owning common interests in business entities. This includes implementing strategies that provide tax benefits to the participants while reducing the potential for acrimony or litigation among the parties.

bottom of page