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Succession is a key issue facing business owners, whether the succession is to be to family members, top executives or other employees or outsiders. The team at Hahn Loeser guides owners of closely held businesses through the options and steps for a successful transition, including buy-sell agreements, transfer restrictions, buy-outs, voting control arrangements, spin-offs, discounted valuations, and ESOPs. Hahn Loeser’s trusts and estates professionals also recognize the importance helping business owners integrate their business succession plans with their estate plans in order to minimize income taxes, gift taxes, estate taxes and generation-skipping taxes on the transfer of ownership.
