The Family Business Law Group has a long history of serving Pennsylvania’s family-owned businesses, recognizing their vital role in our economy. We address the unique challenges these businesses face, including strategic, succession, and estate planning. Our team provides comprehensive, coordinated legal services tailored to meet the specific needs of family businesses, covering everything from strategic planning to commercial transactions and litigation.
What We Do
Succession Planning We collaborate and partner with family business owners and their teams to plan and implement succession, addressing legal and non-legal issues such as selecting the next generation of leaders, maintaining culture through generational changes, financing generational transfers, obtaining releases of personal guarantees, minimizing tax impacts, and fostering professional relationships for the next generation.
Estate Planning Often, the majority of the family business owner’s tangible net worth is in the business itself. We recognize the challenges involved in this type of estate planning and we work to ensure proper planning is in place to benefit the family and protect the family business, including creation of family foundations, trusts and buy-sell agreements.
Governance Ownership of a family business is often concentrated among a few individuals, making governance complex. Different ownership structures can complicate decision-making, especially when consensus isn’t reached. With years of experience, we help owners navigate these challenges and develop tailored governance plans. We can also help develop family councils and family constitutions to help guide the company through generations. We can also help develop and operate family offices.
Family Disputes Internal disputes may arise in any business, but with a family-owned business, disputes often are between family members which adds a unique dynamic to business management. We help owners and managers work through these issues and bring perspectives and solutions based on years of working alongside family businesses.
Family Business Center We are committed to the growth and success of family businesses in our region. One outgrowth of that commitment is our nearly 30-year sponsorship of the S. Dale High Family Business Center at Elizabethtown College. The High Family Business Center is dedicated to actively assisting family businesses in addressing and resolving succession, management, ownership and strategic issues. Members of the Center attend special programs specifically designed for family business owners and their family members.
The High Center’s “Choose Your Direction” On the Road Series Presentation Recording
This presentation recording titled “Choose Your Direction” was presented on Monday, September 13, 2021 as part of The High Center’s On the Road Series. About the Presentation: Recent events have...
Emailing an attorney shall not and does not create an attorney-client relationship between the attorney and users of this web site or any other party whatsoever. An attorney-client relationship is ONLY established through a written engagement, and only where doing so would comply with all applicable laws and ethical rules.
CONFIDENTIAL INFORMATION:
Transmission of information on-line, over email, or through any electronic means can be unstable, unreliable and insecure. You should not send information or facts via e-mail relating to your legal problem or question. If you do not have an existing attorney-client relationship, your e-mail may not be privileged or confidential.
By clicking ‘OK’ below, you are agreeing to the terms of this web site.
