The first and most important rule you should understand when it comes to transferring your business is that it is a process, not a transaction. If you are hoping to maximize the value you'll receive for your businesss, the process might take a few years. However, like any other process, it can be defined and understood, provided you are working with the experienced business law attorneys at Epiphany Law.
Transferring your ownership of a business is inevitably intricately entwined with your personal estate plan. The ability and implications of the sale of your business will affect your life and likely the lives of your children and their children. Consequently, it is crucial to work with a firm that understands not only business, but also tax and estate planning. As a boutique firm, Epiphany Law has the needed expertise to provide peace of mind.
Succession Planning
Either you or the IRS can choose the future of your family business. An often cited statistic is that only one out of three family businesses survive the transition from one generation to the next. Thus, if you are hoping to pass your business to your children, the odds are stacked against you. Read More...
Selling Your Business - Maximizing Your Total Return
You have worked hard to ensure the success and growth of your business. Now it is time to move into retirement and live the good life. However, most of your retirement savings remains trapped in your business. Read More...
Asset Protection Planning
You have worked your entire lifetime to accumulate your wealth. Now that might be $100,000 or $100,000,000. Regardless of your net worth, it undoubtedly wasn’t easy to achieve. And yet it’s all too easy to lose everything if you don’t take the proper steps to protect yourself. Read More...
Lifetime Gifts
Estate planning isn't just about how you want your assets distributed after you pass away. It's about deciding how much you want to give away while you are still alive. For those with large estates, the use of lifetime gifts may have significant benefits both now and for your estate. Read More...
Revocable Living Trusts
Similar to the evolution of the computer industry, estate planning techniques have grown more efficient to address client needs. Epiphany Law has developed and fine tuned tools to use in planning what will happen to you and your assets in the event of your disability or death. Read More...
Irrevocable Trusts
You have worked hard to establish your significant assets and estate. You would prefer that those assets pass to your heirs rather than the government through harsh estate taxes. If you have a size-able estate, it probably makes sense to use some of those assets to fund an irrevocable trust during your lifetime. Read More...
