Seattle Succession Planning Lawyer

Many family owned and closely held businesses are handed down from one generation to the next. At Jeffery L. Carey, P.S., we have been helping Seattle area business owners with succession planning issues for more than 25 years. Our succession planning attorney has significant experience helping business owners work through the emotional, family, and business issues associated with the intergenerational transfer of a business.

Experienced Succession Planning Lawyer

The first step in planning for the intergenerational transfer of a business is understanding that business succession planning is a process, not an event. We work closely with our clients to identify the current business owner’s objectives; do they want retire now or have a five year transition period; do they want the business to buy them out; do they want the children to purchase the business from them or do they want to gift it.

Each method of business transfer has benefits and disadvantages. We provide objective information that provides context to decisions our clients make regarding the transfer of a family business. In addition, we work closely with our clients’ accountants as well as their financial planners, and bankers to ensure each aspect of a business transfer is properly managed.

Working with Families

Often the most controversial issues in family business transition involve the dynamics of the family and who will control the business. Since there is often significant emotional involved in transition planning, we routinely bring in a facilitator to deal with the family issues while we concentrate on the practical legal issues, such as tax issues, insurance issues, and management issues.

Business succession planning is an important part of any estate plan. Our firm strives to help our clients secure their legacy by developing a succession plan that provide for the continued operation of businesses they have spent years building.

Contact our Seattle Business Succession Planning Lawyer

If you are a business owner and need assistance with family business transition planning, please contact Jeffery L. Carey, P.S. We can be reached by phone at (206) 467-6947, by e-mail, or by filling out the intake form on the Contact Us page.

Jeffrey L. Carey, P.S.
524 1st Avenue South - Seattle, Washington 98104
Phone: (206) 467-6947	E-mail	Fax: (206) 624-5381

The Law Office of Jeffrey L. Carey, P.S. is located in the heart of Old Seattle and handles business succession planning matters for clients throughout northwestern Washington State including King County, Snohomish County, Skagit County, and the cities of Seattle, Bellevue, Edmonds, Everett, Kirkland, Marysville, Mount Vernon, and Redmond.