For over a century, SimpsonWigle LAW LLP has worked with and supported business families through transitions and organizational planning. Our wills and estates group and corporate group work collaboratively to help clients develop comprehensive succession plans tailored to their business’s unique needs. Whether you require advice about the succession of family members, or transferring a business to non-family members, our business succession planning lawyers can assist.
Not only do our lawyers work closely with owners and their families, but we also collaborate with existing advisors and resource new advisors to help clients craft solutions. We’re proud to be leaders in the growth of professional advisory services, where we use our learning to bring value to our business family clients.
With offices located in both Hamilton and Burlington, we provide personalized succession planning solutions to clients across all of Ontario. For legal advice about your circumstances, schedule a consultation with our business succession planning lawyers today. You can call our Hamilton office at 905-528-8411 or email info@simpsonwigle.com today to get in touch.
At SimpsonWigle LAW LLP, we provide tailored succession planning solutions that integrate input from our corporate and estate planning groups. Our lawyers assist with structuring business succession plans, drafting legal agreements, and working alongside accountants, tax advisors, and financial professionals to protect the future of our clients’ businesses. The scope of companies we assist is wide–whether your business operates in construction, manufacturing, the automotive sector, or another industry, we have the knowledge necessary to help you plan for the future.
At the firm, our key business succession planning services include:
A well-structured succession plan is important for maintaining stability and fostering future growth in your business. Our lawyers regularly guide corporate structuring and transition plans, including:
Although SimpsonWigle LAW LLP does not provide tax advice directly, our lawyers consistently collaborate with accounting, tax, and financial advisors to help our clients create robust succession plans. This cooperation allows us to ensure that your succession strategies align with your financial needs and goals.
When you’re planning for the future of your business, choosing the right succession path is crucial. Whether you would like to transition the ownership of your business within the family or sell it externally, our lawyers can provide legal advice. We assist with:
We understand that facilitating the transition of your business inside or outside of your family can be complicated. That’s why our lawyers are also available to help resolve family disputes when they arise. We aim to mitigate legal conflicts through structured agreements and personalized solutions.
Unexpected events such as death, disability, or retirement can have a significant impact on the health or continuity of your business. Our business succession planning lawyers help owners create risk management strategies to protect their companies.
In the case of sudden or unexpected leadership loss, we can help implement Key Person Insurance. In addition, we advise on contingency planning and emergency succession strategies to ensure your business continues to operate smoothly throughout difficult or unforeseen situations.
We also help business owners explore alternative succession methods. Whether you’re interested in employee ownership models, cooperative transitions, mergers, or acquisitions, we can help you achieve business longevity and peace of mind.
At our firm, we understand that business succession is about ensuring the long-term success of your business. That’s why our team will work with you and your family to create custom legal solutions that reflect your company’s unique goals. Here’s why clients trust us:
Securing the future of your business, especially when family is involved, is of the utmost importance. At SimpsonWigle LAW LLP, we recognize that business families have unique strengths and challenges and are mindful of this when we work with clients. With experience crafting plans for businesses in a variety of industries and sectors, you can feel confident about the future when you work with our team.
To discuss succession strategies and your legal options, contact our Hamilton business succession planning lawyers today. We assist individuals across Ontario, offering virtual consultations throughout the province and in-person meetings at our office locations. To get in touch, you can call our Hamilton office at 905-528-8411 or email info@simpsonwigle.com.
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