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

Click below for our Web Estate Planning Guide