Protect Your Business Legacy
Secure Your Business Legacy with Strategic Succession Planning
Protect your life's work and ensure your business continues to thrive with a comprehensive succession plan that safeguards your family's financial future and your employees' livelihoods.
Trusted By Clients Throughout New Jersey
What Happens to Your Business Without Succession Planning
70% of family businesses fail to survive to the second generation. Without proper planning, your business faces these critical challenges:
Business Forced Sale
Your family may be forced to sell quickly at below-market value to pay estate taxes and debts, losing decades of built value.
Family Conflicts
Without clear succession plans, family members may disagree about business direction, leading to destructive legal battles.
Tax Devastation
Estate taxes can consume 40%+ of your business value, leaving insufficient funds to keep operations running.
Key Employee Departure
Uncertainty about business future causes valuable employees and clients to leave, further damaging business value.
Comprehensive Succession Planning Solutions
Every business is unique. We create customized succession strategies that protect your business value and ensure smooth transitions.
Family Business Succession
The most popular trust option that allows you to maintain control during your lifetime while avoiding probate and providing incapacity protection.
- Multi-generation planning
- Leadership transition training
- Ownership structure design
- Conflict resolution mechanisms
Family Focus: Create clear roles, expectations, and governance structures that keep your business thriving across generations.
Management Buyout (MBO)
Sell your business to existing management team through structured buyout arrangements that ensure continuity and reward loyalty.
- Management incentive structures
- Financing arrangement coordination
- Performance-based payments
- Transition period planning
Continuity Advantage: Keep your business culture intact while ensuring management has skin in the game for long-term success.
Employee Stock Ownership Plan (ESOP)
Create an ownership culture while providing significant tax advantages and ensuring your employees benefit from the business they help build.
- Significant tax deferral benefits
- Employee motivation and retention
- Gradual or complete sale options
- Legacy preservation
Win-Win Solution: Employees become owners while you receive tax-advantaged proceeds and see your legacy continue.
Third-Party Sale Preparation
Maximize your business value and prepare for optimal sale conditions to external buyers through strategic value enhancement.
- Business valuation optimization
- Legal structure optimization
- Tax minimization strategies
- Deal structure negotiation
Maximum Value: Strategic preparation can increase sale value by 20-40% while reducing tax implications.
Our Business Succession Planning Process
We take a comprehensive approach to ensure your succession plan works when you need it most
Business Assessment
We analyze your business structure, value, goals, and family dynamics to understand your unique succession needs.
Strategic Planning
Develop a customized succession strategy that maximizes value, minimizes taxes, and ensures smooth transition.
Legal Documentation
Draft all necessary agreements, contracts, and legal documents to implement your succession plan properly.
Implementation & Updates
Execute the plan with all parties and provide ongoing reviews to adapt to changing business and family needs.
Hear From Our Clients
“From our very first conversation, it was clear that Mark genuinely cares about his clients. He is incredibly personable, approachable, and attentive — not once did I feel like "just another case." He took the time to listen, explain every step of the process in detail, and always made sure I felt supported and informed.”
Christina Pettola
“I had the pleasure of working with Mark Bittner for my international estate planning, and I cannot recommend him highly enough. Mark handled my case with exceptional expertise, particularly in navigating the complexities of cross-border asset distribution.”
Biswajit Sandilya
Business Succession Planning Questions
Get answers to the most important questions about protecting your business legacy.
When should I start succession planning?
How do I determine my business value for succession planning?
What if my children aren't interested in the business?
How can I minimize taxes on business transfer?
What happens if I become disabled before succession?
How do I handle key employees in succession planning?
Serving Clients Across New Jersey
We provide business succession planning services throughout these New Jersey counties
Your Business Legacy Depends on Planning Today
Don't leave your life's work and your family's financial security to chance. Start building a succession plan that protects what you've worked so hard to create.