NYC business succession planning lawyer, Yana Feldman (https://yanafeldmanlaw.com/practice-areas/estate-planning/business-succession-planning/), is pleased to announce her law firm’s new practice area in business succession planning. With years of experience as a successful attorney in New York City, Yana Feldman understands the unique challenges that business owners face when it comes to planning for the future of their companies.
As a seasoned NYC business succession planning lawyer, Yana Feldman provides her clients with comprehensive and personalized guidance to help them navigate the complex process of transferring their businesses to the next generation or a new owner. Her firm’s business succession planning services include structuring ownership and management agreements, drafting buy-sell agreements, and creating exit strategies that protect the business and its owners.
“Business succession planning is critical for any business owner who wants to ensure the longevity and continuity of their business,” said Yana Feldman. “Our goal is to help our clients plan for a smooth transition and minimize the risks associated with transferring ownership or control of their business.”
The lawyer says that without an active manager or owner, a company will have a hard time surviving. Businesses often find themselves in a difficult position when a senior manager, owner, or employee dies, leaving them scrambling for a replacement. A skilled can help an individual create a business succession strategy that will prevent disruptions from occurring in such unfortunate situations.
Furthermore, attorney Feldman adds that if an owner or shareholder does not have a succession strategy in place, the stake is passed to their family members as part of the estate or taken over by other shareholders. This can lead to conflicts between family members in businesses that are family owned. People who take part in day-to-day business operations may be entitled to larger shares of stock than those who have less involvement.
Yana Feldman and her team of skilled attorneys work closely with clients to develop customized strategies that meet their unique needs and goals. By focusing on the specific circumstances of each business, Yana Feldman can help her clients achieve their long-term objectives while minimizing tax liabilities and other potential pitfalls.
“Our approach to business succession planning is rooted in a deep understanding of our client’s businesses and their goals,” said Yana Feldman. “We believe that by taking a personalized and strategic approach, we can help our clients achieve the best possible outcomes.”
Lastly, the lawyer mentions that it is important to seek the help of an experienced estate planning lawyer when dealing with matters such as planning for an estate. A skilled lawyer may be able to help a person plan their legacy and their future.
About New York Legacy Lawyers
Estate planning lawyer Yana Feldman has over twenty years of experience in the field of estate planning and elder law. She and her team of legal professionals are ready to help families go through the process of estate planning smoothly. At New York Legacy Lawyers, attorney Yana Feldman and her team are well-equipped to help families protect their legacy. Contact us today to schedule a free consultation.
New York Legacy Lawyers by Yana Feldman & Associates PLLC
132 32nd St
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Candour Today journalist was involved in the writing and production of this article.