Business Succession Planning
Does this sound familiar? Solely, or together, with one or more business partners, you own and run your own professional practice or small business. For years, your dream, your personal dedication to excellence, your hard work and the risks you have taken, have provided financial rewards for you and your family. But now you feel trapped by your own success. You want to wind down and enjoy life, but you don’t know how to let go. How can you make sure your business carries on without you? Who do you want to carry on the business? And, how can you turn your valuable ownership interest into actual cash for your future?
The attorneys at Pitt & Emison have been down this road before. There are many options that will allow you to sell your business and move on with your life. Let the attorneys of Pitt & Emison work with you to create the “exit plan” you deserve — a plan tailored to your unique situation and designed to make your transition into the next stage of your life satisfying and financially rewarding.
Early planning on how to exit your company at some point in the future can result in you and your family receiving the best possible results, both now and after your retirement, disability or death. You can protect your business by a sale to family, current partners, your employees or an outside buyer. You can make a difference for a charity or your community. And, you can do all of this while, at the same time, minimizing income, gift and estate taxes.
Christine, Thank you so much for all of your help and guidance with my father’s estate. You definitely
made the process simple and stress free. It was a pleasure working with you as well. | I have worked with Michael Pitt for more than 20 years and in my experience no one is better at resolving difficult issues and still keeping everyone happy. | There are wide differences in lawyer’s abilities and experiences. Common sense and a level head remain important. Christine Emison handled my estate planning and probate matters with great skill, compassion and timeliness. | Mike, …Your knowledge and experience in a difficult area of my life has brought peace of mind.… I hope that it is acceptable to you that I share with friends and family. I want those I care about to know about your services! | Chris, … With the many changes in laws impacting our assets, health care and estate, it is a real comfort to have you working for our best interests. We appreciate all your and the staff at Pitt & Emison’s efforts and results. | Mike, … Your clients are lucky to have you on their side, looking for the very best, practical solution to achieve their specific goals. It is a pleasure to work with you. | We feel confident that everything was set up in the best way possible after consulting with Chris. She was very patient and explained everything in such a way that it made sense to us. We loved working with Chris and appreciate her tremendously. | Chris was extremely dedicated, punctual and personable. We were lucky to have been referred to her. We were very satisfied with her work and demeanor. | I could not have asked for a more professional, knowledgeable, efficient individual. As an added bonus, Chris really cares about her clients in a way that I haven’t seen in the business world in a long time. It is refreshing and makes you feel very safe in her hands.
Kelly Y. | I.B.D., Louisville, KY| Brenda D., Louisville, KY | Linda H., Louisville, KY| Jill & Robert W., Louisville, KY| Thomas T., J.D., LL.M, Raleigh, NC| Wendy M.| Denis D.| Wanda W.