Business Succession Planning Trusts

Business Succession Planning

When you invest -fill-in-the-blank amount of time, energy, and money protecting your business's reputation and manpower, You shouldn't think twice about planning for your business' future existence. Hairston Law's new service focuses on the what "IF".  What if You can't manage or oversee your business?


Business Succession planning is one of the most important tasks a business owner should actively engage in; however, it's highly overlooked by most. You work so hard to establish and grow your business, why not prepare its future with or without you.

Succession planning involves a strategic set of processes in which your business identifies to develop talented employees or third-parties to take on future leadership roles within the business.


Who is going to manage the day-to-day business activities, when you no longer want to? Who is going to take over the liabilities and profits at your death?


Will your business survive without you?


Don't know? Let Hairston Law help you figure it out. 

 

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Remember the LORD your God. He is the one who gives you power to be successful ("wealthy") in order to fulfill the covenant he confirmed to your ancestors with an oath.

                                                                                                    ~ Deut. 8:18

Trusts

Not ready for Succession planning, you could probably still benefit from creating a Trust to protect your business assets. Just in case something happens and your "LLC" or "Corp." protection is not enough. Want to know more?

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