Business Succession
We design succession plans that address equity, taxes, and family relationships all at once.
Succession isn't settled by a single method of transferring shares. Depending on whether you choose gifting, inheritance, treasury stock acquisition, or conversion to a holding company structure, both the tax burden and the stability of management control will vary accordingly.
Jeongpyeong works with tax and accounting advisors to build and compare scenarios for you, and we also lay out what kinds of disputes each choice could give rise to years down the line.
Putting agreements among family members into writing is also part of succession planning. Without a written agreement, it will ultimately come back as an inheritance dispute.
Business Succession We'll start by sorting out where your case stands right now.