Succession Planning
Plan for the future with confidence—Chiummiento Law helps business owners and families navigate smooth, tax-efficient successions that protect legacy and leadership continuity.
Succession Planning in the GTA
Chiummiento Law helps business owners and professionals across the GTA, Toronto, and Ontario plan for smooth ownership transitions. Whether you’re retiring, transferring ownership to children, or selling to a third party, we create legal strategies that protect your legacy, reduce tax risk, and align with your personal and corporate goals.
Succession planning isn’t just about handing over the reins—it’s about preserving value, managing risk, and ensuring continuity across generations or leadership transitions. At Chiummiento Law, we work with entrepreneurs, family businesses, and professionals across Canada to plan orderly transitions that protect your legacy and respect your intentions.
Whether you’re retiring, transferring ownership to children, selling to a third party, or integrating estate goals with business succession, we create plans that balance tax, control, and governance priorities.
What We Offer
Business Succession Planning
- Structuring buy-sell agreements between shareholders
- Succession mapping to children, employees, or third-party buyers
- Dual wills and corporate planning integration
- Freeze and refreeze transactions for tax efficiency
Estate Succession Planning
- Coordinated wills and trust strategies for family wealth
- Henson trusts for vulnerable beneficiaries
- Testamentary spousal or family trusts
- Planning for intergenerational property and control
Professional Practice Transitions
- Transfer and sale of medical, dental, legal, or accounting practices
- Regulatory compliance and licensing continuation
- Partnership and associate succession agreements
Legal Support for Transition Execution
- Drafting transition frameworks and legal documents
- Negotiating with family members, employees, or buyers
- Coordinating with financial and tax professionals for alignment
Common Triggers for Succession Planning
- Upcoming retirement or planned exit
- Corporate reorganizations or freezes
- Family dynamics requiring formal structure
- Illness, disability, or contingency planning
- Cross-border ownership or relocation
Why Work With Chiummiento Law
Joseph Chiummiento has advised public and private companies on succession, control, and transition planning for more than 20 years. A former elected Bencher of the Law Society of Ontario and experienced corporate counsel, he understands how to balance family dynamics, corporate governance, and legal protection.
We help you anticipate what could go wrong—so that what you’ve built carries forward smoothly. Whether you’re grooming a successor or winding down, we deliver the legal structure to match your goals.
Disclaimer: This page is for informational purposes only and does not constitute legal advice. Always consult a lawyer for advice tailored to your specific circumstances.
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📍 Based in Vaughan | Serving clients in Toronto, the GTA, and all provinces and territories in Canada
📞 416-822-0852