Family-Owned Businesses
Leading a family-owned business can be somewhat of a balancing act. For family-owned organizations, a challenge exists in maintaining an effective relationship between the family, management and ownership aspects of the business. The Family Business Practice Group of Watkins Uiberall will work closely with you to provide the necessary strategic planning services to assist you in minimizing your tax liability and achieving your business goals.
We work closely with family-owned businesses in the following areas:
Succession planning
- Type of Entity
- Buy/sell agreements
- Financing
- Management/ownership
- Retirement planning
- Shifting control
- Succession plan design
- Tax planning
Estate planning
- Tax planning
- Buy/sell agreements
- Compliance
- Gifting
- Grantor retained annuity trusts
- Family limited partnerships
- Ownership transfer
- Retirement planning
- Business valuation
Strategic planning
- Financial analysis
- Strategic contingency planning
- SWOT analysis
- Vision development/refinement
Retirement plan services