NYC BEST BUSINESS SUCCESSION PLANNING ATTORNEY

Morgan Legal Group PC

How We
Can Help

You pour your life into starting, growing and managing your business. As you work hard to keep your business driving in the right direction, it can be easy to lose sight of the long term — what will happen to your business after you are gone? Business succession planning is a critical step that far too many business owners forego — and understandably so — but the attorneys at Morgan Legal can make the process simple and painless. Don’t let your business be left in the lurch if something tragic occurs. Call NYC top-rated business succession planning lawyers now.

WHY HIRE A BUSINESS SUCCESSION PLANNING LAWYER?

Running a business takes incredible effort, laser focus, and a wealth of attention to every detail. Any great CEO or business manager knows that as the business world gets more and more complex, living in the moment is more important than ever.

That is why a top-notch succession planning attorney can save you tremendous amounts of time and effort — not to mention protecting your business from state, federal, or competitor interference should something happen to you.

Make sure your business falls into the right hands after you’re gone. Let us worry about the future so you can focus on your business Craft a detailed plan to avoid infighting or confusion among beneficiaries Protect your assets and employees from penalties or seizures.

The Morgan Legal business succession planning team has been helping businesses like yours transition ownership and management for years, and using every NYC law at our disposal to maximize those transitions for the RIGHT beneficiaries.

"Our Firm Takes Pride In The Recognition We Have Received As One of the Top Industry-Leading Estate Planning Firms In New York"

Morgan Legal Group PC

PRACTICE AREAS

WILLS AND TRUSTS

It is never too early to make out a will. The thought of dying is not one that most people wish to dwell on....

MEDICAID PLANNING

For many people, thinking about long-term care is a topic that is often put off as long as possible. However, in doing so, they are setting....

ASSET PROTECTION

You work hard in life, and you accumulate specific assets as a result. Perhaps you have a home...

PROBATE

If you need an attorney to help you with probate issues during difficult times of grief in New York City, Morgan Law Group PC can help you...

ESTATE PLANNING

Mortality is a grim but stubborn fact of human life. You cannot live forever, and it is important...

ICON BUSINESS SUCCESSION PLANNING ATTORNEY IN NYC

BUSINESS PLANNING

You pour your life into starting, growing and managing your business. As you work hard to keep your business driving in the right direction, it can be easy to lose sight of the long term...

ELDER LAW

With the population of the United States consisting of more and more older adults, it’s important...

GUARDIANSHIP

Guardianship is a serious matter. When you ask the court for rule over another person, you are mostly taking on the challenge of overseeing their life...

CREATING A FORMAL BUSINESS SUCCESSION PLAN

Even if you have a clear #2 waiting in the wings to take over your business, there are tons of small issues to consider which could have huge implications for your business long term.

What will your new management team look like?
How will organization-wide decisions be approved?
How will your lower level employees be impacted?
What tax and/or revenue share implications should you be considering?

Whether you have a team of 10 or a team of 10,000, a sudden loss or change of leadership can trickle down through the ranks quickly and leave your business vulnerable if you don’t have an iron-clad plan in place. Don’t leave your business at risk!

FAQ’S ABOUT BUSINESS SUCCESSION PLANNING

Questions And Answers

What if I already know who will take over my business?

Great! But you’ll quickly find there are so many more things to consider:

Maybe you have a loved one stepping in — but are there other partners or managers who will be affected and might disagree?
Maybe you have co-owners who will buy you out — but how will they distribute your shares and how will your family be affected?
Maybe a fellow entrepreneur is ready to step in — but will your employees be protected properly if the new owner decides to pivot?

Does succession planning affect my business today?

The goal of succession planning is to set you up for long-term success. That means having a rock solid plan in place that everyone agrees upon, but not uprooting your day-to-day operations.

What will succession planning with an attorney entail?

The process is fairly simple on your part. We simply meet with you, learn about your business, understand your goals and then our seasoned business succession planning lawyers will craft a tailored plan for you and your business. We handle the legal dirty work, you focus on your business.

Why should I work with Morgan Legal?

Simply put, the proof is in the results. Time and time again we’ve provided unbeatable support for our clients and time and time again they have given stellar reviews. You don’t become one of the best business succession planning attorneys in Brooklyn by accident!

How much will this cost me?

We take every measure to make our services affordable and keep your time and resources top of mind. We work fast, we do our diligence, and we work with you to settle on a budget that works for you. No matter what, we ensure that what you pay now pales in comparison to the costs your business will incur if you don’t have a proper plan in place.

Morgan Legal group PC

LET’S BUILD YOUR BUSINESS SUCCESSION PLANS

Now is the time to set yourself up for long-term stability should something ever happen to you. The world is unpredictable, and your business touches so many lives. Don’t put it at risk by failing to plan for the unforeseen.

Russel Morgan