As CYMBELL Advocates Family Business Advisory Practice, our goal is to offer our customers top-notch legal and business solutions that secures the integrity of the family, its assets and enterprise for the current and future generations.
Each family is unique. Therefore, apart from meeting every client’s unique needs, we focus our efforts on safeguarding stability and unity among family members because our goal is to assure the ongoing vitality of the family as well as the continued viability of the enterprise.
We draw from our multidisciplinary team of real estate, family law, probate and succession, corporate law, commercial law and tax law to offer practical and business critical advice on all potential legal and business aspects and complexities.
We assist manage closely held and family businesses at all stages of growth and development. We have consistently guided family owned business entities through successful business transitions. Family businesses present unique legal needs and CYMBELL Advocates and its associated businesses provides a complete suite of legal and business advisory services responsive to those unique needs. Our diverse team achieve favorable conclusions by developing appropriate succession strategies, managing execution of the plan, and devising methods to address challenges effectively.
Our approach to family businesses and succession planning includes identifying the most efficient means to holding assets and investments, ascertaining appropriate succession plan and tools and determining the optimal timing of the transition. Tax and estate planning strategies are reviewed and assessed in order to minimize the income and capital gain taxes consequences of the transfer.
Where the funds have been moved outside the jurisdiction, we are able to call upon trusted lawyers from around the world specializing in asset tracing, freezing and recovery to assist us, and we are also able to supervise such practitioners on behalf of the clients.
Attachment before Judgement: These orders are normally issued where a respondent has deliberately taken action to avoid any process or otherwise obstruct or delay execution of a decree or anticipated decree. For such orders to be issued, a defendant must be about to dispose of his property or to remove it from the jurisdiction with intent to obstruct or delay any decree that may be passed against him.
Third Party Disclosure Orders: For purposes of identification of assets that have been misappropriated, we regularly seek orders requiring banks and other appropriate third parties to disclose information. This is particular critical when attempting to trace funds that have been transferred to one or several banks accounts.
CYMBELL Advocates offers advice and guidance on several issues that may arise in the context of family owned businesses and succession planning:
Your business and succession planning deserve the experience, and customized services, that CYMBELL Advocates will provide. Our team is ready to partner with you on all of your legal and business needs, and we are able to adapt to any unique issues and questions that may arise in your transition.
To learn more about our Family Business and Succession Planning Practice, contact us today. We look forward to partnering with you and being part of your succession story.