BUSINESS SUCCESSION PLANNING / CORPORATE VEIL

One of the most important assets for many are their businesses.  Sadly, without a proper corporate structure business can fail when facing very likely obstacles unrelated to performance.

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For example, if a partner dies without proper business succession planning, the surviving spouse becomes the new partner, regardless of whether he or she knows anything about the business.  Same if the partner divorces or becomes disabled - business continuity can be significantly disrupted without a proper plan.

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Another area of vulnerability is how exposed partners are to lawsuits against the business and vice-versa.  Commonly known as the corporate veil, it can be a bunker or a china depending on a variety of factors.

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We design corporate structuring and offer a suite of corporate documents designed to provide best business practices that mitigate risks of corporate veils being pierced.