Business Succession

Overview People in this Area

Avoiding Potential Disputes and Tax Problems

Your business is your life’s work, and we can help to protect it.

Family businesses are the backbone of the American economy. From agriculture to services, technology and manufacturing, family businesses generate an estimated one-half of the U.S. Gross National Product and pay half of all wages earned in this country. Parsons attorneys work side by side with our family business clients to create clear succession plans that help family businesses adapt to change and minimize conflict including inter-generational transfers, tax planning, third-party financing or sell options.