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Los Angeles, CA business attorney Peyman Cohan talks about how he uses business structuring for future planning. He shares that he is often retained by entrepreneurs who have spent much of their lives focused on managing their businesses and real estate holdings, only to realize that proper planning is necessary. He emphasizes the importance of succession planning, helping clients determine the best strategies to achieve their long-term goals. Often, clients have not considered what might happen if, in the future, their children or heirs do not wish to work together. He structures business and real estate arrangements in a way that, should the next generation choose to separate or go their own ways, it minimizes disruption and prevents unnecessary conflict, preserving both family harmony and the integrity of the assets.
