Contact a Business Succession Lawyer Contact Beck & Christian at (949) 855-9250 to make an appointment for a consultation. We will thoroughly review your business and personal finances and provide experienced advice to help you determine the most advantageous strategies to ensure the successive transfer of familial wealth.
At Beck & Christian, we’ve been helping families pass on their interests through Business Succession Estate Planning for 35 years. Our clients are secure in the knowledge that the businesses they’ve worked so hard to build and grow will continue to remain within the family upon retirement, incapacitation or death. Our seasoned lawyers can help you create a Buy / Sell Agreement, create a charitable trust for taxation purposes, gift your ownership interest to family members, implement tax strategies that will maximize the retention of business assets with minimal tax liability, and help you create a comprehensive will or trust to address these issues. If you have an ownership interest in a business, it is vital that you plan for the future by implementing a business succession plan. Failure to do so could result in the loss of the business and division within the family. Let our lawyers put their business, estate and tax planning experience to work for you!
Laguna Hills Business Succession Lawyers
Making a Difference. One Client at a time.
(949) 855-9250
Phone Consultations Available During Coronavirus Restrictions. The Courts are open and we are working remotely.
23041 Mill Creek Drive Laguna Hills, CA 92653
Phone: (949) 855-9250 Fax: (949) 380-1128 email: gbeck@beck-christian.com
The Laguna Hills Law Firm Beck & Christian has been providing experienced legal counsel to business clients in and around Laguna Hills for more than 35 years by helping them create and establish business succession strategies in case of retirement, incapacitation or death. Expert Tax and Estate Planning Attorneys and highly experienced Business Law Lawyers, Beck & Christian strive to help you meet your goals by ensuring a smooth transition of ownership through comprehensive Business Succession Planning, while keeping an eye towards maximizing the retention of wealth and minimizing tax liability. Some law firms are extremely large, and they boast about this. However, at Beck & Christian we understand the basic doctrine that our clients need lawyers who return calls, maintain close contact, and know the value of establishing a long-term attorney-client relationship. We treat our clients’ matters as we would our own – with professionalism and courtesy.
Beck & Christian – Laguna Hills Business Succession Attorneys
1. What is a Business Succession Plan? A Business Succession Plan is an Estate Planning Tool that’s designed to determine how a business, generally a family business or closely held business, will be operated or dissolved upon the incapacitation or death of the founder. 2. Why do I need a Business Succession Plan? There are numerous, highly complex issues that may arise upon the death or incapacitation of the individual in charge of running and operating a business. Business Succession Plans serve to minimize costly litigation by designating who and how a business will be run once the individual in charge is no longer able to carry out his or her duties. A comprehensive Business Succession Plan should also include how the business pays state and federal taxes, and under which circumstances the business should ultimately be dissolved. 3. What should my Business Succession Plan include? Business Succession Plans should set forth detailed information ranging from who should take over daily operations on either a temporary or permanent basis, to how the business and/or individuals will be taxed based upon the type of entity formed. Additionally, a comprehensive Business Succession Plan should also include detailed instructions for dissolving the business and strategies for conflict resolution between feuding parties of interest. 4. Can I draw up my own Business Succession Plan? Due to the complex nature of both Estate Planning and Taxation, we highly advise against trying to draft your own Business Succession Plan. A skilled lawyer from Beck & Christian will meet with you to obtain an in-depth understanding of your company, determine the issues most relevant to your situation, and ascertain areas of potential conflict. Based on this information, we will devise a Succession Plan focused on protecting every aspect of your business in case of incapacity or death. 5. When should I have a Business Succession Plan drafted? Failure to institute a comprehensive, well-drafted plan that clearly outlines exactly who will be in charge of managing various aspects of the business and how the company will either continue to be run or dissolved virtually guarantees that litigation will occur. Therefore, it is important to have an enforceable Business Succession Plan in place as soon as your company is up and running. 6. How can a Business Succession Plan protect my company from litigation? Business Succession Plans are created to set forth a path for your company to continue normal operating procedures under the most stressful of circumstances. A highly detailed Succession Plan can prevent litigation by clearly outlining who will be in charge of business management, how any management or directorial transitions shall be carried out, and how conflicts between interested parties are to be resolved. Without these procedures in place, families and business partners who are at odds with one another are more likely to end up litigating their issues in court.
Contact Us
If you are seeking intelligent and skilled Advanced Estate Planning advice, contact Laguna Hills Estate Planning & Business Succession Attorneys Beck & Christian at (949) 855-9250 to make an appointment for a consultation. Our attorneys are fully prepared to go the extra mile for our clients, and make a conscientious effort to always exceed expectations.
A PROFESSIONAL CORPORATION
(949) 855-9250
Making a Difference. One Client at a Time.
Phone Consultations Available During Coronavirus Restrictions. The Courts are open and we are working remotely.
23041 Mill Creek Drive Laguna Hills, CA 92653

Phone: (949) 855-9250

Fax: (949 ) 380 - 1128 email: gbeck@beck-christian.com
Laguna Hills Business Succession Lawyers
Contact a Business Succession Lawyer Contact Beck & Christian at (949) 855-9250 to make an appointment for a consultation. We will thoroughly review your business and personal finances and provide experienced advice to help you determine the most advantageous strategies to ensure the successive transfer of familial wealth.
Business Succession FAQ | Beck & Christian, APC 1. What is a Business Succession Plan? A Business Succession Plan is an Estate Planning Tool that’s designed to determine how a business, generally a family business or closely held business, will be operated or dissolved upon the incapacitation or death of the founder. 2. Why do I need a Business Succession Plan? There are numerous, highly complex issues that may arise upon the death or incapacitation of the individual in charge of running and operating a business. Business Succession Plans serve to minimize costly litigation by designating who and how a business will be run once the individual in charge is no longer able to carry out his or her duties. A comprehensive Business Succession Plan should also include how the business pays state and federal taxes, and under which circumstances the business should ultimately be dissolved. 3. What should my Business Succession Plan include? Business Succession Plans should set forth detailed information ranging from who should take over daily operations on either a temporary or permanent basis, to how the business and/or individuals will be taxed based upon the type of entity formed. Additionally, a comprehensive Business Succession Plan should also include detailed instructions for dissolving the business and strategies for conflict resolution between feuding parties of interest. 4. Can I draw up my own Business Succession Plan? Due to the complex nature of both Estate Planning and Taxation, we highly advise against trying to draft your own Business Succession Plan. A skilled lawyer from Beck & Christian will meet with you to obtain an in- depth understanding of your company, determine the issues most relevant to your situation, and ascertain areas of potential conflict. Based on this information, we will devise a Succession Plan focused on protecting every aspect of your business in case of incapacity or death. 5. When should I have a Business Succession Plan drafted? Failure to institute a comprehensive, well- drafted plan that clearly outlines exactly who will be in charge of managing various aspects of the business and how the company will either continue to be run or dissolved virtually guarantees that litigation will occur. Therefore, it is important to have an enforceable Business Succession Plan in place as soon as your company is up and running. 6. How can a Business Succession Plan protect my company from litigation? Business Succession Plans are created to set forth a path for your company to continue normal operating procedures under the most stressful of circumstances. A highly detailed Succession Plan can prevent litigation by clearly outlining who will be in charge of business management, how any management or directorial transitions shall be carried out, and how conflicts between interested parties are to be resolved. Without these procedures in place, families and business partners who are at odds with one another are more likely to end up litigating their issues in court.
Beck & Christian – Laguna Hills Business Succession Attorneys At Beck & Christian, we’ve been helping families pass on their interests through Business Succession Estate Planning for 35 years. Our clients are secure in the knowledge that the businesses they’ve worked so hard to build and grow will continue to remain within the family upon retirement, incapacitation or death. Our seasoned lawyers can help you create a Buy / Sell Agreement, create a charitable trust for taxation purposes, gift your ownership interest to family members, implement tax strategies that will maximize the retention of business assets with minimal tax liability, and help you create a comprehensive will or trust to address these issues. If you have an ownership interest in a business, it is vital that you plan for the future by implementing a business succession plan. Failure to do so could result in the loss of the business and division within the family. Let our lawyers put their business, estate and tax planning experience to work for you!
The Laguna Hills Law Firm Beck & Christian has been providing experienced legal counsel to business clients in and around Laguna Hills for more than 35 years by helping them create and establish business succession strategies in case of retirement, incapacitation or death. Expert Tax and Estate Planning Attorneys and highly experienced Business Law Lawyers, Beck & Christian strive to help you meet your goals by ensuring a smooth transition of ownership through comprehensive Business Succession Planning, while keeping an eye towards maximizing the retention of wealth and minimizing tax liability. Some law firms are extremely large, and they boast about this. However, at Beck & Christian we understand the basic doctrine that our clients need lawyers who return calls, maintain close contact, and know the value of establishing a long-term attorney-client relationship. We treat our clients’ matters as we would our own – with professionalism and courtesy. If you are seeking intelligent and skilled Advanced Estate Planning advice, contact Laguna Hills Estate Planning & Business Succession Attorneys Beck & Christian at (949) 855-9250 to make an appointment for a consultation. Our attorneys are fully prepared to go the extra mile for our clients, and make a conscientious effort to always exceed expectations.
Contact Us