LawTrust Swiss > Private > Succession planning > Succession planning

Succession planning

Handing down a business to the next generation or selling an owner-managed business is challenging. We spend time to understand your needs and put in place the right framework for succession in order to preserve your legacy. It is never too early to start planning succession. Whether you are starting a new business or thinking of retiring and handing over the reins to one of your children, we are ready to help you. We can help you effect a smooth and successful transition from your business, whether you are transferring ownership within your family or otherwise. Our unique approach to succession planning encompasses your personal and business situation, and is part of a complete financial strategy.

Business succession

A complete financial strategy for your business and personal situation.

Business owners must consider succession planning from both short and long-term perspectives early on, and develop a plan that meets your specific goals. Succession planning helps ensure that the right person takes over these responsibilities to allow the business to continue operating smoothly.

Our services include

  • Assist you in selection of a right succession method;
  • Representation during mergers and acquisitions;
  • Purchase, sell, or lease real estate;
  • Contract review and more.

Overview

For most business owners, their business interests are their most important assets. We develop the strategy and implement the tools which allow our customers to transition their business interests to their children, other existing partners, management or unknown future buyers. Each strategy is customized to meet the specific goals of the owner and takes into account various tax and operational considerations.