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Leech Tishman: Legal Services
  • Firm
    • About Us
    • Management
    • Diversity, Equity, and Inclusion
    • Careers
  • People
  • Capabilities
    • Practice Group
      • Business Restructuring & Insolvency
      • Construction
      • Corporate
      • Employment & Labor
      • Estates & Trusts
      • Intellectual Property
      • Litigation & Alternative Dispute Resolution
      • Real Estate
        • Leech Tishman Closings
    • Industries
      • Aviation & Aerospace
      • Cannabis
      • Emerging Cyber Technologies
      • Energy & Natural Resources
      • Entertainment
      • Healthcare
      • Hospitality
      • Life Sciences
  • Insights
    • All
    • Client Alerts
    • Firm News
    • Press
    • Podcasts
      • Cannabis LawTalk
      • Data Privacy LawTalk
    • Events
    • Resource Center
  • Locations
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Business Succession

Capabilities

Group Leader

Matt Rak Headshot

Matthew Rak

Partner

Defining a solid exit strategy and preparing for a smooth and equitable transition of ownership is a critical part of any company’s overall business and estate plan.  

Whether a business owner is considering retirement and a transfer of ownership or a company finds themselves facing a key member’s sudden death, disability, or illness, a properly formulated business succession plan can prevent an organization from experiencing a tumultuous transition or loss of assets.

Leech Tishman’s Corporate Practice Group attorneys work closely with the firm’s Estates & Trusts, Tax, and ERISA, Employee Benefits & Executive Compensation attorneys to counsel business owners on all aspects of business succession planning including the analysis of personal, business, financial, legal, and tax aspects of a business. We are highly-skilled in developing customized solutions to maximize proceeds while minimizing risk.

Services:

  • Business valuation
  • Selection of new investors
  • Life insurance arrangements including cross-purchase and entity purchase agreements and first-to-die policies
  • Retention planning including buy-sell agreements
  • Non-compete agreements
  • Executive compensation planning includes stock options and deferred compensation
  • Wealth transfer through trusts
  • Estate and tax planning

Business succession planning often begins at least 15 years before the anticipated end or transfer of a business. Effective planning can ensure the smooth transfer of a business to the next generation.

  • <  Firm Capabilities

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  • Chicago, IL
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  • Philadelphia, PA
  • Pittsburgh, PA
  • Sarasota, FL
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  • Wilmington, DE

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