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Structuring and Succession Planning for Private Businesses

Benesch’s Private Client Group counsels growing private business through all phases of their lifecycle. From selecting an entity for a new business venture to structuring assets prior to a sale and ultimately to transferring wealth and succession planning, our attorneys provide holistic advice focused on establishing wealth for generations. To meet this objective, we build a personal relationship with each client. We understand their short-term and long-term goals and family dynamics, which we then balance with tax considerations to implement an effective plan for structuring and transferring their business interests. A crucial component in this process is our relationship with our clients’ other advisors, with whom we actively communicate to ensure that transactions are completed in a tax-efficient manner. Our clients also have at their disposal Benesch’s vast resources, including our other practice areas as well as our relationships with other stakeholders in the market who may provide mutually beneficial assistance.