We lead the way in devising partnership strategies for acquiring and preserving private wealth. We tackle the complexities of partnership planning integral to family business succession.
With a focus on planning for business succession, our tax and private wealth lawyers restructure entities, formulate and negotiate partnership buy-sell agreements, and devise partnership alternatives. In the case of a family-owned business, for example, we invented a deferred limited liability company structure that provides the benefits of freeze partnerships without requiring annual payments of cash or property to the founder.
We leverage our corporate and tax expertise in all aspects of domestic and foreign partnerships and other strategic alliances to inform partnership planning for private wealth clients. Our counsel includes transfer vehicles, insurance arrangements, and other critical elements that combine to create a clear path for succession planning and business continuity and, where appropriate, conversion or divestiture.