BUSINESS LAW

Assisting clients transition out of their small business.

Assisting clients transition out of their small business

WICK LAW has extensive experience helping business owners, professionals, entrepreneurs and executive transition out of business to their retirement years. Successful entrepreneurs have spent years growing their small business often ignoring structures that will allow them to retire successfully.

WICK LAW works with clients to design and implement proven strategies that allow business owners to:

Change how they are involved in the business
Sell or pass on their ownership to family members, managers, employees, or others
Retain as much involvement or protected cash flow from the business as he or she desires or needs for retirement
Minimizing taxes

HELPING CLIENTS TO EXAMINE ALTERNATIVE STRATEGIES

Just as every business is different, has different values and different assets and strengths, there is no one transition strategy that fits all business, all owners, and all situations.

Wick Law Group helps Clients IDENTIFY and ESTABLISH firm TRANSITION GOALS, DESIGN UNIQUE STRATEGIES tailored to each client, and helps clients select the strategy most suitable to them. Our strategies often establishing certain legal structures, ownership types and business agreements to achieve our client’s goals.

SAVING CLIENTS MONEY

Often the transition of business ownership triggers significant capital gains taxes, gift taxes or estate taxes. Attorney David W. Wick, who also has a Masters of Business Taxation, works with each team to ensure the structures chosen minimize tax dollars while still providing clients with desired incomes and Peace of Mind. Mr. Wick has published numerous articles concerning tax minimization strategies which are listed in the Publications page.

CLEAR AND PRACTICAL GUIDANCE

Entrepreneurs wanting more time to do what they want while others run day-to-day operations of the core business;
Non-owner, key players who work for entrepreneurs;
Minority owners questioning how companies will continue after the entrepreneur departs the business;
Entrepreneurs wanting to sell the business or their ownership interest;
Entrepreneurs wanting to pass the business on to family members, managers, or employees;
Next generation members wanting to hasten the process of taking on responsibility;
Owner family members who are not involved in the business;
Spouses of any of the above; and/or
Trustee-Beneficiary-Business relationships.

BUSINESS LAW

Assisting clients transition out of their small business

WICK LAW works with clients to design and implement proven strategies that allow business owners to:

HELPING CLIENTS TO EXAMINE ALTERNATIVE STRATEGIES

SAVING CLIENTS MONEY

CLEAR AND PRACTICAL GUIDANCE

Want to learn more about transition strategies & options?

WICK LAW

RESOURCES