Atherton Law PLC

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Guardianship
Most small business owners are so busy running their business that they never address the questions that nags at them in the back of their mind. What do I do when I want to retire? How do I protect my most valuable asset for the next generation? What happens if I die unexpectedly or become incapacitated? These are questions that need to be addressed well before the day of reckoning. Sometimes the answer may be to sell the business or transition it to the next generation. Other times it may be okay to let the business knowing that it has served its purpose. Always some kind of transition is involved. There is no one size fits all solution. What I can say is that all small business owners need an estate plan, typically featuring a trust as probate is typically a financial disaster for properly managing a going concern and guardianship, in case of permanent or temporary incapacity, even worse. Moreover, many more small business owners than realize it can, with proper planning, sell their business as part of a retirement plan that enables them to enjoy the fruits of their labor, long after they have given up the daily grind of running their business. Let us help you to develop a retirement/estate plan that will meet your individual goals.

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