Helping You Draft An Estate Plan For Your Business
Estate planning is a valuable tool to provide peace of mind to loved ones about what will happen to your property in case of incapacitation or death. But estate planning goes beyond family needs. As a business owner, you may also need to set expectations for your partners and interested parties about your share of the business or further directions.
At rb LEGAL, LLC, we address the legal needs of business owners from western Hennepin County and have become our clients’ trusted legal advisers. As business owners ourselves, we understand how vital it is to develop a succession and estate plan to secure the operations of your business. There are no one-size-fits-all plans, which is why we focus on providing personalized solutions.
A Legal Strategy To Protect Your Interests
We help our clients in Minnesota make the hard decisions when it comes to planning for the future. We advise them on their options and what they could consider in order to draft a solid plan. Our attorneys will assist you in developing a business succession plan, a legal tool you can use to determine potential candidates to run or own your business in the event of your death or incapacitation.
If you have business partners, we can help you draft a buyout agreement for your share or business property under specific terms and events.
We will also assist you in determining beneficiaries of your business income and developing tax-saving tools to preserve wealth. Regardless of your planning needs, we are ready to help you protect your life’s work and place it in safe hands.