Law Offices of Connie Yi, PC
Tell Us About Your Case
888-312-6978

For the safety of our community, clients and staff, we have suspended all in-person meeting effective March 17, 2020. All consultation meetings will be via Phone or Zoom Video Conferencing. Please contact us at (925) 484-0888 or email us directly at [email protected] to schedule the consultation.

View Our Practice Areas

Business succession key component of some estate plans

Readers of our blogs at the Bay Area estate planning Law Offices of Connie Yi know well a mantra that we periodically reinforce for both valued clients and individuals thinking about crafting a tailored plan.

That is this: The universe of estate planning embraces far more than a commonplace focus on will execution. Although making a will and timely updating it as necessary is a core goal for most planners, truly comprehensive and meaningful estate planning often encompasses much more than that in any given case.

The core concerns of planners are often many and varied. They range broadly from asset preservation, lawful tax avoidance and wealth passed along to beneficiaries and heirs to charitable giving, the protection of loved ones with special needs and elder-linked concerns.

And, importantly, they might also centrally include a creator’s realization that strong and on-point business succession planning is a must.

Candidly, required focus on that topic is something that most people would envy. It underscores that an individual or family has something truly valuable to safeguard well into the future.

As we note on our website, “Having a comprehensive business succession plan in place will ensure a smooth transition to the next generation.”

It’s hard to overemphasize the point that heirs will appreciate that.

An experienced estate planning and tax attorney can provide timely and proven guidance on all aspects of succession planning. Relevant matters can range from the appointment of a successor and the clear delineation of transition-linked company goals to relevant business contract drafting and protections against a grantor’s sudden incapacity.

Having a profitable family business is a fortunate reality. Protecting it for future generations makes strong and immediate sense.

No Comments

Leave a comment
Comment Information

Contact Us

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Email Us For A Response

Office Locations

Law Offices of Connie Yi, PC
323 Ray Street
Pleasanton, CA 94566

Phone: 925-484-0888
Pleasanton Law Office Map

Cupertino
19925 Stevens Creek Blvd
Suite 100
Cupertino, CA 95014

Toll Free: 888-312-6978
Map & Directions

San Francisco
490 Post Street, Suite 508
San Francisco, CA 94102

Toll Free: 888-312-6978
Phone: 415-433-3350
Map & Directions