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Business Continuation Planning

Whether you have just started your business or have owned it for decades, the process of business continuation planning should be a critical aspect of your business plan. Each business continuation plan is uniquely different based on an owner's goals and intentions. We work with clients looking to continue their business through various avenues such as passing the entity to a family member or key employee, or by selling the business through a merger or disposition.

Our attorneys help clients develop transition plans to prepare for when they are unable or uninterested in managing the business further. Through this process, we identify the legal, financial, tax, and operational logistics needed to continue business activities with either full or partial absence of the initial owner.

Our Business Continuation Planning team consists of attorneys from both the Corporate and Trusts & Estates departments. This collaboration of practice areas allows our attorneys to develop innovative and practical solutions for each succession plan. At the Law Offices of Pullano & Farrow, we counsel our clients on a variety of matters, including but not limited to:

•Management succession
•Buy-sell agreements
•Pension planning
•Profit sharing
•Family limited partnerships
•Business valuations
•Life insurance planning
•Estate planning
•Gift programs
•Liquidity planning
•Salary continuation agreements
•Employee stock ownership plans
•Deferred compensation

Our experienced team of attorneys have an extensive background in estate planning, corporate restructuring, tax planning, mergers, and acquisitions. With each business continuation plan, we personalize a strategy that works in the client’s best interest. To speak to our legal team today, call our office at 585-730-4773.

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