Minnesota Business Succession Lawyers
Planning for the future of one’s business is as important as making a will or establishing a trust. The attorneys at the St. Paul law firm of Mason & Helmers do not provide planning services. Instead, we advise clients on the consequences of planning that alters inheritance rights.
We have more than 30 years of legal experience, and we understand the legal challenges involved in addressing the long-term effects of business succession plans. Relationships can be strained by issues arising from the future of the family business. Family dynamics play an enormous role in many instances.
Examples of Business Succession Matters
The firm handles a wide variety of cases related to the inheritance of family businesses. These include challenging issues such as:
- One sibling working in the family business, expecting to inherit, while other siblings contend that the business has been plundered by the brother or sister
- Nonfamily employees seeking control of a business
- Taxes threatening to destroy a business upon the death of the owner
- Heirs who lack the ability or inclination to successfully operate the business they inherited
Sensitive to Clients’ Financial Concerns
The firm’s goal is to minimize litigation and accompanying costs. The high costs of litigation can jeopardize the long-term health of a business. Whether inheriting the business is governed by probate law or is part of a trust, the firm’s lawyers help clients make plans that work.
To learn more about business succession planning and inheritance, contact Mason & Helmers today. We serve clients in the Minneapolis-St. Paul area and beyond. Call 651-323-2548 or 877-389-5533 (toll free) to set up an appointment.