Schiff Hardin attorneys understand the delicate balance between family and business concerns always confronted with family business. Our attorneys work with family owners and non-family executives in connection with transitions from older to younger generations and to facilitate other events and issues that impact family businesses such as:

• Management succession
• Tax leveraged transfer of ownership through focused estate planning
• Design of ownership and control structures that maintain family harmony
• Creating exit strategies for family members who no longer wish to participate in a family business
• Enhanced long-term control structures through entity reorganizations and the use of generation-skipping trusts
• Buy-sell and stock restriction agreements
• S-corporations, personal holding companies, family partnership, and LLCs
• Income tax planning
• Employee Stock Ownership Plans (ESOPs)