Southeast Texas Succession Planning Attorneys
For Businesses
Secure Your Legacy with Expert Succession Planning
Succession planning is essential for ensuring a smooth transition of your business or estate to the next generation. At Wadler, Perches, Kerlick, we help individuals and business owners create customized plans to protect their assets, and establish clear directives for the future. With decades of experience, our attorneys provide the guidance you need to make confident decisions about your legacy.
Why Succession Planning Is Important
Preserve Family Harmony: Clear succession plans prevent disputes among family members or business partners.
Ensure Business Continuity: Succession plans provide stability, maintaining operations during leadership transitions.
Our Succession Planning Services
Business Succession Planning
We work with business owners to establish plans for transferring ownership or leadership.
Whether you’re adding a partner, selling to a partner, or transitioning to an outside buyer, we craft agreements to ensure continuity and protect your business’s future.
Drafting buy-sell agreements
Structuring ownership transfers
Tax-efficient strategies for business transitions
Estate Succession Planning
Our attorneys help individuals and families create comprehensive estate plans to protect their assets and ensure their wishes are followed.
Drafting wills and trusts
Establishing powers of attorney
Planning for healthcare directives
Family-Owned Businesses
Succession planning for family businesses requires careful balancing of personal and professional relationships. We address issues such as:
Equitable distribution of ownership
Leadership development for the next generation
Contingency plans for unexpected events
Frequently Asked Questions
What Is Succession Planning?
Succession planning involves creating a legal strategy for transferring ownership of your business or assets to heirs, family members, or successors, ensuring a smooth transition.
When Should I Start Succession Planning?
The earlier, the better. Starting the process well in advance allows time to identify successors, prepare documents, and address tax implications.
Do I Need an Attorney for Succession Planning?
Yes, an attorney ensures your plan complies with Texas laws, protects your interests, and minimizes risks or disputes during the transition.