Business Succession Planning

Mr. Jackson is frequently brought into the planning process when a family business is being sold or when a family member is retiring from the business and wants to explore business succession planning options. Mr. Jackson can formulate tax savings strategies for the sale of a business, including Buy/Sell Agreements and utilizing advanced planning techniques such as gifts of fractionalized interests, including sales to Intentionally Defective Grantor Trusts (IDGTs). Mr. Jackson is sensitive to the need to preserve harmony within the family, and the emotional and psychological impact that often accompanies the transfer of a family business from one generation to the next.