Succession Planning for Business Owners

Miller Canfield attorneys counsel families with respect to the ownership and disposition of closely held businesses, family limited partnerships, limited liability companies, the creation and operation of charitable trusts and foundations, the administration of substantial trust interests and gift programs.  Our goal is to provide a coordinated approach to family business planning that combines sensitivity to the needs of our clients with minimizing taxes and preserving wealth.

We guide individuals and families through the intricacies of forming and organizing family partnerships and other entities, creating personal holding companies and gift programs, strategically accomplishing an adequate and appropriate succession plan for management of the business, recapitalization, preparing “buy-sell” agreements, planning for profit sharing and pension planning, and creating family offices, if needed.

Our attorneys represent clients in litigation matters, including will contests and claims against estates, proceedings involving trusts, conservatorships and other court matters that arise in connection with family businesses.