Effective Solutions
from Creative Lawyers

Business Succession Planning

We Craft a Transition Strategy Designed to Meet Your Goals

As a business law firm with decades of business experience, we understand that for most family and closely held businesses, planning for succession is the toughest and most critical challenge. Yet succession planning can also be a great tool to maximize opportunities and create an institution that embodies the founder’s mission and values.

Transfer of Ownership

We understand that many business owners will face a time when ownership rights may need to be transferred to another person or entity. Press, Dozier & Hamelburg corporate attorneys have the experience and perspective to counsel business clients on the options available including outright or gradual sales or transfer through scheduled gifts. 

In determining which method of ownership transfer to pursue, serving your best interests is our driving concern.

Tax Implications of an Ownership Transfer

As a successful business owner, you are aware of the importance of effective tax planning strategies. Tax implications are a very important aspect of business succession planning. Our business lawyers understand the legal and tax implications of business ownership transfers and counsel our business clients to plan accordingly.

When you are ready to sell or transfer your business, the attorneys at Press, Dozier & Hamelburg can help. We emphasize prompt and attentive service to provide our clients with comprehensive business succession planning in Maryland, Virginia, and Washington, D.C.