Family/Closely Held Business Owners

EL360 is dedicated to helping closely held business owners protect and grow their enterprises while addressing personal and family priorities. Prioritizing the long-term sustainability of your business, succession planning, and family wealth transfer, we provide services that address the integration of business and personal goals, tax-efficient strategies, and protection of your business legacy, including:

• Executive Compensation: Structuring compensation and benefits packages for family members and key non-family executives to ensure fairness, motivate talent, and maintain long-term stability.
• Employment Law: Crafting employment policies, agreements, and succession plans that account for family dynamics and help prevent potential conflicts, while addressing issues such as non-compete agreements and confidentiality.
• Estate Planning: Developing sophisticated estate plans that balance business continuity with family inheritance goals, including succession planning, trust structures, and tax-efficient wealth transfer strategies.
• Corporate Law: Advising on governance models, flexible shareholder agreements, phantom stock plans and operating agreement structuring to support complex and multi-generational ownership and preserve family control over the business; exit planning and implementation.
• Tax Planning: Implementing tax strategies for business assets, income, and inter-generational transfers to protect the business’s financial health and reduce tax exposure for both the company and the family.

Our goal is to support you in navigating the complexities of running a business, helping you achieve both commercial success and family harmony across generations.