Designing and implementing a plan to preserve, protect, and transfer assets is most effective when completed before a crisis occurs. However, all too often, the crisis arrives without warning demanding an immediate response to complex legal, tax, business and health care decisions.
Inadequate preparation for life transitions will often times lead to increased costs and the loss of control over important personal and financial choices. Stark & Stark provides business succession planning services that integrate your business interests, family estate planning goals, strategic tax needs and retirement plan objectives.
At Stark & Stark, we urge business owners, families and individuals to prepare for such events before a crisis occurs. Our attorneys work with clients to develop a plan in order to avoid ownership and control disputes among family members and shareholders upon a business owner’s retirement or untimely death. Once a plan has been developed and approved, our attorneys then work closely with each individual client in order to implement those goals in the most timely and cost effective manner.
We work with clients to review corporate documents such as: operating agreements, corporate books, partnership agreements, wills, trusts and buy-sell agreements. Our attorneys regularly work with small business, closely held corporations, individuals and families throughout New Jersey, New York and Pennsylvania.
Allen M. Silk, Chair of Stark & Stark’s Business Succession Planning Group, has served as an advisor for over 30 years to business and individuals assisting them through complex life transitions. Your business and family deserve not only to have a plan, but also a strategy.