Protecting Your Legacy
Ensuring you have a proper succession plan ensures a long-term vision for your business. Putting the succession plan in place early sets the stage for the future and mitigates risks of unforeseen circumstances. It provides certainty during uncertain times, minimizes operational disruption, reduces organizational conflict and provides a path for longevity and growth.
Succession planning is about more than who will ultimately make decisions. It encompasses asset preservation, potential restructuring and the minimization of estate and income taxes. To create a strong planning document, it is essential to consult with an attorney. Different and sometimes opposing interests can bog your business down in legal challenges without this safeguard in place, jeopardizing its future.
Planning for the Future of Your Minnesota Business
Rasmussen Law in Edina can help you clarify your ultimate business goals and develop a succession plan that upholds them. We can help you design succession plans for the following business entities:
- Closely held businesses
- S Corporations
- Limited liability companies
- Limited liability partnerships
Leif Rasmussen has provided legal services to small and mid-sized businesses throughout the Twin Cities for over 20 years. Over the decades, he has formed hundreds of businesses and continues to advise many of these clients across the state of Minnesota.
Legal Advice Through the Business Lifecycle
Rasmussen Law provides a complete suite of legal services to our business clients. We bring exceptional academic credentials and extensive experience in all aspects of business matters and the full lifecycle of your business. Our commitment to always exceeding your expectations is why you can rely on our professional service, personal attention and prompt responses. Our services include:
- Business Mergers and Acquisitions
- Business Succession Planning
- Contract Formation and Review
- Franchise Analysis and Review
- Estate Planning
- Will Drafting
- Trust Creation Real Estate Transactions
- Tribal Business and Governance
For your succession planning and other business needs, contact Rasmussen Law in Edina at 952-345-8265.