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Virginia Business Succession Planning Lawyer
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Business succession planning involves all necessary legal actions taken to ensure the smooth transfer of your business to a selected individual or, group of individuals, upon retirement or in the case of an unforeseen event that leaves you unable to perform the duties required of your role. Additionally, a business succession plan also ensures that there are the necessary financial resources to cover any expenses associated with the transfer.
A business succession plan should be put into place as soon as possible, and the plan should take into consideration:
- Applicable state tax laws
- Customer retention
- Training requirements for position shifts
Whether you have a small family business or a large company, business succession planning is an essential part of your business. A small family business may need succession planning as part of the owner’s complete estate plan, or a larger company may need a succession plan in place as part of qualifying for company financing. Our Virginia business succession planning lawyers can help you develop a plan for the continuation of your business long after your lifetime (or retirement).
Protect Your Business and Family With Help From a Virginia Business Succession Planning Attorney
Experienced, Local Estate Attorneys
If you have a business and are interested in constructing a business succession plan that will secure its transfer and continued success for years to come, contact a Virginia business succession planning lawyer today. Our team is ready to help you create a complete plan for your needs.
Written By Jennifer Rossettini
Jennifer Rossettini is an experienced attorney and CERTIFIED FINANCIAL PLANNER™ Professional.
Jennifer knew from a very young age that she wanted to be an attorney. While her younger self envisioned a career as a criminal prosecutor, she discovered during law school that she really enjoyed tax law and the legal analysis associated with complex issues rather than litigation.
Jennifer joined Parks Zeigler, PLLC in 2025 to head up its Estate Planning and Elder Law practice areas and fully utilize the firm’s embrace of modern technologies for better client service.
