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Estate planning: Business succession in New York

While proper estate planning can help all New York residents trying to get their affairs in order, those who own their own businesses can face a particular set of challenges requiring special planning. Many times, it is those who start out as employees at larger corporations who decide to branch out and try their hands at running a business. These individuals often do not have the luxury of dedicated legal teams, but that doesn't mean that they should be left handling their business succession planning on their own.

At Weinstein & Randisi, we understand the value of your business and work to ensure that how your business is transferred and who it is transferred to is in the best interests of your company. An exit plan is a crucial part of any business, and we can help you understand why an exit plan is needed and what your options are.

While many business owners plan on handing the company over to the next generation, third-party sales and mergers are also possible options. These transactions come with their own set of challenges, however, and current owners should understand all of the legal implications before going forward with the sale.

Your business succession planning needs are as unique as your business. Our attorneys work with you to determine the best exit plan for your needs and desires based on your business' monetary value and what legacy you wish to leave behind. No matter where you are in your business or your estate planning process, discussing with an attorney what will happen to your company after your passing is the first step to creating your exit strategy.

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  • I wanted to write to say how pleased my wife and I were at your professional handling of our estate planning and preparation of new wills. We were put at ease by your visit to our home for an interview and were pleased that you listened to us and captured the things that we felt were important.

    --Robert and Christine Simonson, Fairport
  • In order to finalize the documents we came to your office and were greeted in a very professional manner and we could not have asked for finer service. We left with copies of everything we needed and feel very confident our needs have been met. Thanks again. We will surely recommend you should the opportunity arise.

    — Christine and Robert Simonson, Fairport
  • I have been working with Weinstein & Randisi for about two years now. Elizabeth Randisi, through a very thorough process, has helped my wife and me determine what is really important in our lives. Thus, we were able to draft a living will that reflected our most important values regarding our estate.

    --David and Ajia Cherry, Fairport
  • I would like to give a testimony for Elizabeth Randisi, an estate attorney with Weinstein & Randisi. Her knowledge of wills and estate planning was clearly demonstrated in her presentation to us. Realizing our need for a will, my husband and I went to see Elizabeth.

    --Kathy and Gary Gray, Webster
  • Filing for Medicaid is never an easy or fun process. However, working with the Weinstein & Randisi firm made the process simple and streamlined. We were able to obtain all files and records regarding Medicaid enrollment within a few days using specially prepared checklists and verbiage recommended by our assigned paralegal.

    --Ajia and David Cherry, Fairport
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Weinstein & Randisi - estate planning

290 Linden Oaks, Ste. 200
Rochester, NY 14625

Toll Free: 800-768-1780
Phone: 585-310-1578
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