Curry Andrews Consulting has introduced its specialized business formation and succession support services for business owners in Draper. The firm addresses the critical challenge of ensuring business continuity when owners face retirement or incapacity.
More information is available at https://www.estates-utah.com/
The company explains that business owners who spend decades building successful enterprises often overlook what happens to the company when they can no longer run it. Without documented succession plans, operations face immediate paralysis when owners become incapacitated or pass away unexpectedly. The resulting uncertainty triggers conflicts among heirs, destabilizes employee morale, and can force premature liquidation at substantial financial loss.
The new service addresses these vulnerabilities through estate planning tools specifically designed for business continuity. Revocable living trusts allow business interests to transfer smoothly outside probate court, maintaining operational control during transitions. Meanwhile, irrevocable trusts provide asset protection while facilitating multi-generational wealth transfer according to predetermined timelines and distribution preferences.
Buy-sell agreements establish predetermined terms for ownership transfers among partners or family members. These binding contracts prevent disputes through clearly defined valuation methods, payment structures, and triggering events such as death or disability that activate the transfer process.
Beyond legal frameworks, coordinated ownership transfers ensure tax efficiency during leadership changes. The service structures gradual transitions that familiarize successors with management responsibilities before they assume full control, reducing operational disruption while preparing the next generation for inherited challenges.
“Proper documentation and compliance procedures preserve what owners spend lifetimes building,” a company spokesperson explained.
Supporting these succession strategies requires proper business formation from the outset. Well-organized entities with current operating agreements create the foundation that enables seamless plan implementation when circumstances demand action.
Mr. Curry D. Andrews leads the practice with over 20 years of experience spanning New York, Washington DC, Western Washington, Idaho, and Utah. His firm has protected more than $750 million in assets while creating over 1,000 business entities and trusts for entrepreneurs, ranchers, and professionals nationwide.
Curry Andrews Consulting maintains offices in American Falls, Idaho, and South Jordan, Utah. More information about Business Formation & Succession Support services is available at https://www.estates-utah.com/
Curry Andrews Consulting
+1-801-960-3830
10808 South River Front Parkway
South Jordan
UT
84095
United States
