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19/2/2021 0 Comments

February 19th, 2021

​𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗦𝘂𝗰𝗰𝗲𝘀𝘀𝗶𝗼𝗻 𝗣𝗹𝗮𝗻𝗻𝗶𝗻𝗴 𝗣𝗿𝗼𝗰𝗲𝘀𝘀

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We provide support and life-cycle management of the business succession planning process including the following components:
Components of the Business Succession Planning Process
Establish owner goals and objective: Owner retirement, family member, stakeholders (partners, shareholders, employees), address death, disability and illness;
Inclusion of Family members in decision process: Communication, process for addressing family changes and disputes, detail family to business relationship;
Identify successor(s): potential, train, transition of responsibility in ownership and management;
Estate Planning: Tax planning, retirement income, family member provisions, active and non-active family members, financial considerations
Contingency planning; Address the “what-if” scenarios and the occurrence of possible unplanned situations;
Organizational structure, transfer methods: Review and update organizational and structural business plan, identify roles and responsibilities, key positions, financial team (legal, accounting, finance)
Sale, Business valuation: maximize value, tax benefits, recommendation and preparation and of buy-sell agreements, sale to a third party;
Exit strategy: transfer method, timelines, distribution to succession plan participants, integration of exit strategy with wealth preservation and asset protection planning, estate planning, tax planning and retirement planning activities;
Implementation, reviews, update, revise as required;
The process of business succession planning is an iterative process rather that a one-time event. Private, owner-managed, closely held and family-owned businesses’ models, income and assets are fluid and are continually changing. We believe that our disciplined approach to business succession planning increase the prospect of the business becoming multigenerational, enduring ownership and leadership transitions and deliver lasting value to the owner, family members, key stakeholders and to the employees and clients the business serves.
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    Yoel “Mo” Molina, I am a lifelong resident of Miami, Fl.  I am a graduate of Miami Senior High, Class of 1992, Georgia Institute of Technology, B.S.  1997 and University of Maine School of Law, J.D. 2001.  I have been practicing law in Miami Since 2001. I am a former training prosecutor in the Miami-Dade State Attorney’s Office.  I have experience in jury trials, appeals, and administrative hearings. I have appeared before judges across the State. My experience ranges from civil litigation matters, collection matters, foreclosure, business and corporate, contracts, real estate, leases and employment matters..

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"Mr. Molina has always been there for us with timely, reliable and competent advice. He is an important and valuable part of our team."  Corporate Client Eric Delgado, President of American International Export, Inc., a worldwide importer and exporter of brand name appliance parts.
"Yoel has been responsive and attentive to our company’s best interests and needs.   He has been a valuable resource to our company.  Any company that enlists his services would be in good hands-- including our own clients.” Corporate Client Gibran Flynn - Co-Owner and Founder of Eleva Solutions, Inc., the South Florida leader of outsourced HR, Staffing, Training, and Loss Prevention.
"My name is Anastasia Yecke Gude and I am the owner of Healing Hands Therapeutic Massage LLC.  In the process of my company’s growth and expansion, I suddenly found myself a few weeks ago in need of a 1099 contractor agreement, and I needed it ASAP.  As in, the very next day!  I contacted the Law Office of Yoel Molina and his assistant put me in touch with Mo.  I sent him what I had drafted up and he replied within a few hours with suggested revisions and clarifications, as well as a few insights I had not even considered.  I was thoroughly impressed by the quality of work he provided, especially considering the time crunch I put him in (sorry, Mo!).  I definitely recommend his services to anyone in need of a good contract attorney, and I will be calling him again for future work…hopefully in less of a rush next time!"