Tuggle Duggins represents a significant number of closely held businesses and family companies. Whether operated as limited liability companies (LLCs), general or limited partnerships, C corporations, S corporations, or even sole proprietorships, each of these business models presents a unique set of issues, particularly in the arena of succession planning.
We assist our clients in both management succession and lifetime transfers. We work with our clients to develop practical and comprehensive business succession plans. Our goal is to minimize adverse tax consequences while also achieving our client’s goals with respect to business continuity.