The stories and statistics about the difficulty to transition a family business from one generation to the next are constant, consistent and unfortunately, all too often, very true. The aging baby boomer population in the U.S. only exacerbates the potential problems. But that need not be the case.
For over 145 years Graydon lawyers have worked with our family and private business owners to help with the succession of management and ownership at their businesses. Sometimes to the next generation. Sometimes via a sale to employees or a third party. One size does not fit all.
Attorneys with experience is tax, estate planning, retirement planning, employment law, securities and financing, together with business attorneys work together to assist our clients plan for and execute the transition of the ownership and management of their business and the transfer of wealth associated with the business.
Graydon has also been actively involved with the University of Cincinnati Goering Center for Private and Family Business since its inception over 20 years ago. Graydon was a founder and sponsor of the Goering Center’s Next Generation Institute, a frequent speaker at events, and currently the sponsor of the monthly luncheon series. Graydon leverages its participation at the Goering Center to help provide practical advice for our clients.