Succession Planning

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SUCCESSION PLANNING

Developing and implementing a well-designed succession plan is essential to the survival of a family business from one generation to the next. At Dansa D’Arata Soucia, our succession planning services offer a proven framework for helping you develop a practical succession plan that is customized to your business, goals and values. Once we gather all pertinent information regarding your business, plans and wishes, we construct your individualized plan and address issues such as: the minimization of taxes, company leadership, equity and fairness and family control.

The comprehensive succession plan will provide recommendations regarding:

  • Fundamental restructuring of the business
  • Choice of type of business entity
  • Tax consequences to the retiree, business and successor
  • Tax and retirement projections
  • Business valuations

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