Williamson & Williams - Attorneys at Law - Media, PA

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Home » Business Succession

Business Succession

Pre-planned business succession of leadership and ownership is one of the most important aspects of the organization of any business.  If it is overlooked, it can have disastrous consequences upon the death or incapacity of the business founder, such as costly and distracting litigation between competing interests, often leading to the ultimate failure of the entire business.

 

It seems that many business owners overlook this important aspect of business organization either because they are young when they start the business and just are not thinking about succession, or because of the very human reluctance to avoid facing our ultimate mortality.

 

We strongly advise all of our business clients to include both a leadership and an ownership succession plan in the body of the corporate bylaws or LLC operating agreement, or in a separate shareholders’ agreement that sets out that succession details of how leadership and ownership will pass from one set of leaders and owners to the next.

 

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Contact Information:

323 E. Front Street
Media, Pennsylvania 19063

(610) 565-8909

Office hours by appointment

Practice Areas

  • Real Estate
  • Short Sale or Deed in Lieu of Execution
  • Mortgage Problems
  • Mortgage Loan Modification
  • Mortgage Foreclosure Defense
  • Business Law
    • Incorporation or Organization as a Limited Liability Corporation (LLC)
    • Business Succession
    • Mergers and Acquisitions
    • Business Counseling & Advice
    • Contracts & Commercial Transactions
    • Business Litigation Representing Plaintiffs and Defendants
  • Construction Law
  • Bankruptcy
    • Bankruptcy FAQ’s
      • Bankruptcy – What it is and What it can do for You
      • What is the Automatic Stay and How Does it Protect You from Your Creditors?
      • Is Bankruptcy the Right Solution?
      • What are Exemptions and How do they Help You to Keep Your Property?
      • What is Property of the Estate”?
      • What are Debt and Creditor Classes?
    • Chapter 7 Bankruptcy
    • Chapter 13 Bankruptcy
  • Consumer Debt
  • Credit Card & Other Debt Collection Defense
  • Wills, Living Wills, Powers of Attorney, Estate Administration
    • Why You Need a Will
    • Wills & Estate Planning
    • Will Probate and Estate Administration
    • Durable Power of Attorney
    • Living Will – Health Care Power of Attorney
  • Welcome
  • Terms and Conditions
  • Privacy Policy

Williamson & Williams, PLLC is a debt relief agency. We help people and businesses file for relief under the Bankruptcy Act.

The material on this website has been prepared by Williamson & Williams, PLLC, for informational purposes only.

This material does not constitute legal advice and does not create any attorney-client relationship between you and Williamson & Williams, PLLC.

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