Business Succession Planning
For business owners, we plan who will own and who will run the business after death or incapacity, and how the business fits within an Islamic estate plan.
We move business interests into your trust; prepare or revise LLC operating agreements and buy-sell terms; set out who manages the business if you die or become incapacitated; and plan how the business is shared among your heirs under Islamic inheritance.
Why does a business need its own plan?
Ownership and management are different questions. Your heirs may each inherit a share of the business, but someone still has to run it. A succession plan answers both.