Your business is more than a source of income—it’s part of your legacy. At Dempsey Law Firm, LLP, we understand the unique challenges you face when planning for the future — whether you’re passing the torch, selling to a trusted partner, or exploring other transitions.
We’ve worked with hundreds of Wisconsin business owners to guide them through business succession planning. We partner with a wide range of clients, including family-owned businesses, entrepreneurs, and business partnerships navigating buyouts, mergers, and leadership changes.
There’s no better time to set your business up for future success — and our experienced business succession planning lawyers can guide you every step of the way.
Our dedicated team of attorneys offers comprehensive legal services designed to support you through every stage of business succession planning.
Our experienced business succession planning attorneys will collaborate with you to develop a legally sound plan that ensures a smooth transition of ownership and management for your Wisconsin business — whether selling or handing the reins to a family member or trusted business partner. We help you outline clear terms, timelines, and responsibilities.
Our firm works with your tax professionals to design succession strategies that reduce tax liabilities for your business and successors. We help structure ownership transfers, sales, and other arrangements to optimize financial outcomes for all involved.
Don’t leave anything to chance! Dempsey Law can help you draft contingency plans to prepare your Wisconsin business for unexpected circumstances, such as a sudden illness, incapacity, or departure of a key leader. These plans will protect your business and improve stability and continuity during uncertain times.
Disputes among stakeholders, family members, and business partners can quickly derail succession plans. Our experienced attorneys can provide mediation services to resolve conflicts efficiently and equitably to preserve business relationships, foster long-term partnerships, and ensure your plan moves forward.
For family-owned businesses or soloprenuers, we can integrate your business succession plan with your estate planning. Tools like trusts, wills, and powers of attorney can help ensure a smooth transition to your family member or loved one and protect your personal and professional legacy in the process.
There’s no doubt that there’s a lot of moving pieces when transitioning business ownership. Dempsey Law can help you navigate the complex legal landscape, ensuring your succession plan adheres to Wisconsin laws and industry-specific regulations, protecting your business from legal risk.
A lawyer provides the legal expertise needed to create enforceable agreements, minimize tax liabilities, and navigate all the complex regulations that come along with a major business transition. At Dempsey Law, we ensure your succession plan is comprehensive and aligned with your business goals.
Yes, we can help with contingency planning to prepare for unexpected events like illness, death, or sudden departures of a business owner or leader. If a transition occurs unexpectedly, our attorneys provide immediate legal guidance to ensure continuity.
It’s a good idea to review and update your plan every 3-5 years or after major life events or significant changes in your business structure.
“We have used their service for multiple business transactions. From start to finish (which can be a long process), follow-thru and attention to detail have always been present.”
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