Transitioning Your Family Business

Posted on August 29, 2016 by Michelle

You own a family business that you built with pride and a sustained commitment to seeing it grow. As the years have gone by, you have celebrated your success. Now, you would like to retire, but you want to leave the business on solid ground and in good hands.

After you have chosen a successor, there are many tax implications associated with completing the transition. As Colorado-based businesses often operate in a global marketplace and have global assets, both domestic and international tax considerations may exist. Proper planning is key, and structuring your transition smoothly in the eyes of the law and the tax authorities takes expertise and experience.

With over fifteen years of experience in business law, Oren “Von” Limbaugh is prepared to help you transition your family business in a cost-effective way, preserving the value of what you built for the next generation. Mr. Limbaugh not only has the Juris Doctorate (J.D.) degree required of lawyers in Colorado, but he went the extra step of earning a postgraduate Master of Laws in Taxation (LL.M.) from the University of Denver, one of the top-ranked tax law programs in the United States.

The Limbaugh Law Firm prides itself on serving the needs of families. Please contact us today at The Limbaugh Law Firm to set up an appointment for a free consultation to discuss the process of transitioning your family business.