Milwaukee Area Estate Succession Planning Attorneys

Experienced attorneys handling succession & estate plans

If a business is part of your estate, you'll need a comprehensive succession plan for the future success of your business and family. Niebler Pyzyk understands the difficulty and sensitivity of succession planning. Our Menomonee Falls law firm has the vast experience in business law and estate planning law necessary to create a plan suitable for your business.

Our Milwaukee attorneys understand succession planning can be one of the most challenging aspects of an estate plan and can cause unexpected tension within the family.

Contact Attorney For Succession Planning

 

Get Help Navigating the Complexities of Succession Planning

Succession planning can be a daunting challenge when families strive to strike a balance between the best interests of the business and the family's needs. Having an experienced attorney by your side can mitigate family tensions while finding the optimal solution for both the business and the family.

At Niebler Pyzyk, our seasoned estate planning lawyers possess the expertise to guide you through the intricate nuances of succession planning. Our lawyers work diligently to safeguard the longevity of your business while respecting the family's dynamics and priorities.

In addition to succession planning, our attorneys assist Wisconsin residents with a comprehensive range of estate planning services, including the drafting of will and trust documents, contested probate cases and power of attorney.

 

Milwaukee Business Succession Planning Attorneys Handle the Details

Navigating the complexities of business succession planning is crucial, as the intricate details involved can profoundly shape the future of your enterprise. Our experienced Milwaukee attorneys guide you through the complexities of the process, for a seamless transition and the continued success of your business.

With our expertise in business succession planning, we handle the intricate details, allowing you to focus on your company's ongoing operations and future prosperity.

Several critical questions need to be addressed when it comes to succession planning.

Important Questions We’ll Ask

• Who will your successor be?
• How will they be trained?
• When will they take over?
• What will your severance be?
• Are there any contingencies?
  

 

Other Common Succession Planning Cases

Estate Succession Planning

For individuals with substantial personal assets or family businesses, estate succession planning is crucial for a smooth transfer of wealth and property to designated heirs. Our attorneys work closely with clients to develop comprehensive estate plans, including creating trusts, minimizing tax liabilities and delineating asset distribution. With a proactive approach, we help families preserve their legacy and avoid potential conflicts or legal disputes.

Entrepreneur Estate Planning

Entrepreneurs face unique challenges with succession planning, as their personal and professional lives are often intertwined. Our team understands the complexities and provides tailored solutions to protect the entrepreneur's intellectual property, business interests and personal assets. We assist in structuring buy-sell agreements, valuing business assets and facilitating a seamless transition to the next generation of leadership or new ownership.

Farm Succession Planning

The continuity of agricultural operations and preserving the family legacy are paramount concerns during farm succession planning. Our attorneys possess extensive experience providing comprehensive guidance to navigate the intricate process. We work closely with farming families to develop tailored plans, safeguard interests and facilitate a smooth transition to the next generation of leadership.

Farm succession planning requires a deep understanding of the challenges agricultural businesses face. Our team takes a holistic approach, offering a range of services tailored to your farm, including:

• Asset valuation
• Identifying the farm's short and long-term goals
• Reviewing or drafting wills and trusts
• Estate planning assistance
• Ownership transfer facilitation
• Dispute resolution services

 

Providing Succession Planning Services for Clients Across Southeastern Wisconsin

Effective succession planning is crucial for businesses and families across southeastern Wisconsin. Our team of experienced attorneys provides comprehensive succession planning services to clients in Brookfield, Grafton, Hartland, Milwaukee, New Berlin, Oak Creek, Waukesha, Wauwatosa, West Allis, West Bend and the surrounding communities.

 

Business Succession Planning FAQs

Why do I need a business succession plan?

A business succession plan is essential for a smooth transition of ownership and leadership when you retire or exit the company. A plan protects your interests, your employees' livelihoods and the business's longevity.

What can a business succession plan accomplish?

An effective succession plan accomplishes ownership transfer, establishes leadership continuity, minimizes disruptions, mitigates tax implications and safeguards the business's future success.

What are the three steps of succession planning?

The three primary steps of succession planning are: identifying and developing potential successors, establishing a transition timeline and executing the ownership transfer or leadership transition.

How do estate planning and succession planning differ?

Estate planning focuses on the distribution of personal assets after death, while succession planning specifically addresses the continuation and transfer of business ownership and leadership.

Contact us online for a consultation to get legal advice on succession planning.

We serve the greater Milwaukee area from our convenient Menomonee Falls location including Waukesha, Brookfield, Glendale, Mequon, Germantown, Grafton, Cedarburg, Wauwatosa, Hartland, Pewaukee, Sussex, New Berlin, West Allis, West Bend, Port Washington & the surrounding communities.