Succession Planning Lawyers in Calabasas, CA

Legal & Financial Structuring

We design a framework that supports your objectives. Standard legal tools include:

• Revocable or irrevocable trusts - Used to transfer assets outside of probate while retaining control during your lifetime or setting clear conditions for distribution.
• Buy-sell agreements - Define how ownership interests are bought, sold, or transferred upon the death, disability, or retirement of an owner.
• Family Limited Partnerships (FLPs) and Limited Liability Companies (LLCs) -  Provide flexible structures for managing family or business assets while offering liability protection and potential tax benefits.
• Succession clauses or corporate documents - Amendments to shareholder or operating agreements can designate future management and voting rights.
• Gifting and Grantor Retained Annuity Trusts (GRATs) - Allow for tax-efficient transfers of business or investment assets to the next generation.

Integration with Estate Planning

We align your succession plan with your overall estate strategy to create consistency across wills, trusts, and powers of attorney. This holistic approach reduces the likelihood of conflicts and simplifies administration later on.

Tax & Continuity Planning

We collaborate with financial professionals to minimize estate and income tax liabilities while facilitating continuity in business operations and asset management.

Ongoing Review & Adjustment

Because life and business change, we provide ongoing guidance to update your succession plan as your circumstances evolve.

Whether you are in the early stages of planning or need to update an existing succession strategy, our firm provides the clarity and confidence you need to make informed decisions, devise, and implement succession strategies that align with your needs and goals. 

Why Succession Planning Matters

Without a succession plan, transitions can become chaotic, leading to business disruption, financial loss, or even family disputes. California courts may become involved, and state law, not your intentions, could determine how your business or estate is divided.

Succession planning allows you to:

• Define who inherits control and decision-making authority
• Minimize estate and capital gains taxes
• Protect business continuity and prevent operational gaps
• Prepare successors for leadership and financial responsibility
• Prevent disputes among family members, partners, or heirs
• Maintain privacy and avoid costly court intervention

Whether your goal is to pass your company to the next generation, sell it to a key employee, or create a plan that balances family and business priorities, having the proper legal structure in place makes all the difference.

Start Your Succession Plan Now

Starting now gives you the greatest flexibility and control.

A well-structured plan provides:

• Clarity and direction for heirs, partners, and employees
• Significant tax savings and protection against court costs
• Business stability during times of transition
• Peace of mind knowing your legacy is protected and preserved