Miller Thomson provides succession planning counsel for family-run businesses across the country to help them transition operations to one part of a family to another.
Five years after the Imperial Group, Inc. funeral supply business transitioned operational control from his parents, Denis and Jean, to himself and his brother Richard, Joel Poissant says the company has roughly doubled in size. But he says that wouldn’t have been possible without the help of tax lawyers from Miller Thomson.
Miller Thomson’s lawyers set up the family business with a holding company, trusts, share distribution, and a unanimous shareholder agreement to identify and protect the interests of all concerned.
Read the full article: Culture of ‘meritocracy’ needed for business families
