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Business Succession Planning

Whether your goal is to keep your business in your family, pass it on to a chosen successor, or sell it and move on, business succession planning is one of the most important issues a business owner must face. Choosing the right exit strategy involves more than just legal considerations: it also involves accounting, financial and other considerations, such as family relationships.

Business succession planning is a large component of our Business Law practice. We have helped numerous business owners develop plans that meet their particular objectives. Lawrences has great working relationships with other professional advisors, such as accountants, bankers and financial planners, and can coordinate all members of the planning team to implement a succession plan that provides for an organized and efficient transition of your business. Our services include:

  • Corporate reorganizations
  • Estate freezes
  • Family trusts
  • Holding companies
  • Partnership agreements
  • Shareholder agreements
  • Wills
Mar 13, 2015 | Case Study

Business Reorganization to Transition Holdings to the Next Generation

The Problem The founding shareholders of a well-established business that operates through a corporate structure wanted to transition their holding...

Mar 13, 2015 | Case Study

Transfer of a Family Company to the Next Generation

The Problem The founder of a successful business wished to retire and have his son and daughter succeed him in owning the business. To fund his ret...

Apr 01, 2006 | Article

Business Succession Planning - So You've Built the Business: Now What?

Jane and Brenda are business partners in a successful real estate venture. They’ve worked together for years, building the business from a basement sideline to a fulltime venture with 12 employees in a downtown office.

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© 2015 Lawrence, Lawrence, Stevenson LLP

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43 Queen Street West, Brampton, ON, Canada L6Y 1L9
Telephone: 905.451.3040 Fax: 905.451.5058 Email: