Work With An Experienced Business Succession Lawyer To Safeguard Your Business Legacy

Last updated on May 6, 2025

When it comes to business succession planning, Texas law gives owners the right to decide how ownership and control of their company will pass to the next generation. However, these decisions require careful attention to detail to avoid legal issues.

Morgan Williamson LLP helps business owners across Amarillo and the greater Texas Panhandle take the right steps. With over 35 years of service, our firm offers direct access to lawyers who know the local legal and court systems – because we live and work right here.

Succession planning for business is not something to approach alone. Schedule a confidential consultation at our Amarillo office via 806-705-7546 or reach out online.

Why Business Owners In Texas Need Succession Plans That Actually Work

A clear business succession planning strategy helps ensure that your hard work will not go to waste, whether you retire, become incapacitated or pass away. Texas recognizes a variety of legal tools for succession, such as:

• Buy-sell agreements between co-owners
• Transfer of ownership through wills or trusts
• Family limited partnerships or LLCs
• Cross-purchase insurance policies
• Incorporating successors into your business operations

These tools must align with state law and your unique goals. That is why every step should be handled with the help of an experienced attorney who understands the legal and personal stakes.

Partner With A Firm That Prioritizes Relationships And Results

We are proud to be a locally owned Amarillo law firm with a reputation for results. From helping ranchers hand off their land to family members to assisting companies transition into corporations or sell to new owners – we have done it all.

We do not hand your case off to someone you have never met. Instead, we work closely with you to build a plan that reflects your business values and personal wishes.

 

Let Us Secure Your Business Legacy, Call To Work With A Leading Texas Business Succession Law Firm There is no one-size-fits-all solution when it comes to succession planning for business. At Morgan Williamson LLP, we tailor every plan to your goals and Texas law. Call us at 806-705-7546 or fill out our online form to schedule your consultation.