Here for you, here to help.

214-423-5100

Albin Yates Balius Roach, Attorneys at Law

Advancing Integrity. Preserving Truth.

Here for you, here to help.

214-423-5100

In today's time good service is hard to find. I'm in the air conditioning business and constantly hear customers complain about the horrible service they receive from someone. I was worried about this exact issue when it came time for me to find a divorce attorney. I'm a man that was caught off guard when my wife of 17 years up and left me and my son without a warning. She took our daughter as well. So you can imagine how important it was to get counsel as soon as possible. I also needed to get my daughter back and take the right steps to get custody. I was extremely pleased from the first meeting with Ms. Bogdanowicz she has been a God send. She has been on top of every aspect of my case from the start. I have the cards stacked against me being a male fighting for custody on the state of Texas. I have been impressed with the advice and strategy Ms Bogdanowicz has given. I am pleased to say that I was able to get my daughter back within two weeks of my wife leaving. I have primary custody and have won every aspect of my case thus far. Ms. Bogdanowicz has been an exceptional attorney and has made me feel that I’m her only client. I would recommend her to anyone looking for an attorney. I would hate to think where I or my kids would be if I received subpar counsel. Luckily I don't have to because Ms. Bogdanowicz has made sure that my kids and I are exactly where we need to be. My case looks good and my future with my kids does as well. Thanks you Ms. Bogdanowicz for investing your time and effort to make sure that my kids future and mine is bright and happy.

— S.G., Dallas County

Business Succession Planning




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Protecting Your Business’s Future with a Business Law Attorney in Plano

You invested your money, time, sweat-equity and heart into your business. In return, you expect to yield a profit and perhaps pass the company on to your children. Planning ahead from a professional and personal perspective can help you accomplish your goals.

Albin Roach is dedicated to the businesses in the Frisco, Plano and North Texas communities. We have guided dozens of companies in formation, expansion and achieving success by anticipating problems, sharing our experiences and taking preemptive action.

Creating a business succession plan is an important proactive step to protect you, your family and your business. Our business law attorneys will discuss your individual concerns and tailor a succession plan that achieves your objectives. We strive to bring you confidence in the immediate health of your business and in its future.

Exit Strategies

When you are starting a business, it may be hard to imagine that your vision might diverge from your partner’s ideas or that your partner might want out at some time in the future. However, these outcomes are common in the business world. Establishing a well-formulated, written exit strategy protects your investment and the viability of the business in a time of upheaval including the death or divorce of a member.

We advise clients to form an exit strategy when establishing the company. At that point, partners are generally thinking more clearly and are more willing to cooperate with each other. When it comes time for a business partner to leave, an exit strategy allows you to limit the interruption to business operations and abide by the equitable terms the parties agreed to at the outset.

Estate Planning Considerations

Unlike a large multinational corporation, a family-owned business or sole proprietorship depends heavily on a few key employees and leaders. When a key person dies or becomes incapacitated, the very core of the business is placed in jeopardy. In some cases, an entire family relies solely on the income from the business, meaning your loved ones’ financial future is also at stake.

Our attorneys understand the importance of creating an estate plan and succession strategy that protects your family business and your family’s interests. We address the difficult topic of your death or the death of your partner head-on because we recognize how important a solid estate plan is to your company and to your family. There are many ways to protect and provide for you, your family and your business during these events if the situations are addressed in advance.

Protecting Your Business Assets from Contingencies

Your partner’s families have important rights in the case of divorce or the death of their loved one. A spouse may claim interest in the business ownership or even business assets that have been commingled with marital property. Likewise, an estate may seek control over business assets for distribution to the deceased’s heirs. Being in business with your partner’s spouse or children may never have been your intention. Our attorneys review your business operations to ensure the company remains separate from the marital and personal property of all partners. We also include language that protects each partner in these circumstances.

Consult with a Plano Business Law Attorney Today

For guidance on creating and executing an effective business succession plan, call the law firm of Albin Roach at 214-423-5100 or contact us online.