Succession and Estate Planning
Ensure property, including your business, is transferred in accordance with your wishes and in an orderly, tax-efficient manner.
Business succession planning involves the transfer of business assets and control in order to minimize taxes and achieve other business and personal goals, such as ensuring the orderly operation of a business and that loved ones will be cared for. One of the most common business succession planning tools is an estate freeze. As part of an estate freeze, the owner of a business will exchange their shares for freeze shares, freezing the value of the shares on the transfer date. Any future growth in the business will be realized in the common shares which are issued to the next generation as part of the estate freeze.