Succession Planning


When it is time to hand off your business to a successor, you need to make sure the right person fills your shoes. At Windes, we know that succession planning strategy can make all the difference between success and failure. Like a well-run relay, the race to succession involves months of preparation, intense training, a sound strategy, and a drive to succeed. Winning the gold medal means securing your future and the future of your company, with help from Windes, a Los Angeles accounting and succession planning firm.

We specialize in business succession planning and wealth transition strategies for privately held businesses in Los Angeles, Long Beach, and Orange County. Our professionals will help you develop and implement a business succession planning strategy that will promote family harmony, avoid potential power struggles and costly disruptions, and create estate and income tax savings.

Our services include:

  • Goal assessment
  • Assistance in choosing and grooming a successor
  • Identification of strategies for transforming ownership to family members, including:
    • Gifting
    • Selling stock
    • Stock redemption
    • Selling assets
    • Split-offs
  • Identification of options for transferring ownership to unrelated shareholders and partners, including:
    • Redemption agreements
    • Cross-purchase agreements
    • Buy/sell agreements
    • Liquidation agreements
    • Analysis of the funding of the transfer
    • Analysis of employee leveraged buyouts and ESOPs
    • Business valuation
  • Estate planning
  • Wills and trusts

Windes has a unique commitment to provide effective business succession planning strategies to the Los Angeles area. We understand privately held businesses and their unique personalities and needs. We are experienced in dealing with businesses of various sizes and degrees of complexity. At Windes, we will work closely with you and your advisors to provide the required expertise and balanced communication needed to ensure the successful implementation of your Los Angeles business succession strategy.

For more information, please contact:

Donald L. Allen, CPA
R. Lee Haight, CPA, CGMA
Donita M. Joseph, CPA, MBT
John L. Di Carlo, CPA, MST
Timothy J. Good, CPA, MST
Robert B. Henderson II, CPA, MST
Thomas F. Monaghan, CPA, MST, TEP