Estate planning is important for nearly everyone, but it is critical for business owners. Estate planning is not limited to making decisions about how property will be transferred after death. Proper estate planning pays attention to ways in which the estate can be increased during life, including how businesses can best be organized and operated. Many businesses do not survive beyond the first generation of ownership because the transition from one generation to the next was left to chance. In order to give the business the best chance of continuing to thrive through the years, careful transition and succession planning is essential.
Estate planning in general, and business succession planning in particular, involves decisions involving complex questions of law, business, and tax planning. Novara Dorn understands the impact of business decisions upon estate planning concerns and guides clients accordingly.
At Novara Dorn, we look at the big picture: how a choice in one area impacts other areas of the business or estate. We also take the long view: we work with businesses and individuals over time, developing relationships. We remain alongside them, helping them to re-evaluate their estate and business succession plans as their needs, goals, and circumstances change.
We regularly assist clients with many estate planning and probate services, including:
Novara Dorn works with our estate planning clients to minimize the need for probate administration of estates, but we understand that probate is sometimes unavoidable. We have experience with probate administration in Oakland County and throughout Southeastern Michigan and can assist in the probate administration of both complex and straightforward cases. Our focus is on compassionately and efficiently guiding our clients through the resolution of their probate matters.
Many of our estate planning and probate clients are those who have come to know and trust Novara Dorn's legal representation in other areas. Just as we are committed to working with our business and non-profit clients over time for the success of their enterprises, we are dedicated to helping them achieve peace of mind in planning to the future.
From our Southfield office, Novara Dorn serves clients in Metropolitan Detroit, throughout Michigan and nationally. We invite you to contact us at (248) 945-0523 or by e-mail to discuss our services and how we can help you.