--- title: Goosmann Law Firm - At the Intersection of Estate and Business Planning description: Goosmann Law Firm - At the Intersection of Estate and Business Planning --- [![Goosman Lawfirm](https://blog.goosmannlaw.com/hs-fs/hubfs/Goosmannlaw%20October2017/images/Goosmann_Law_Firm_logo_4C-white.png?width=1250&name=Goosmann_Law_Firm_logo_4C-white.png "Goosman Lawfirm")](http://goosmannlaw.com/) - [COVID-19 Toolbox](https://goosmannlaw.com/covid-19-resource-toolbox/) - Our Team - [Attorneys](https://goosmannlaw.com/attorneys/) - [Non-Attorney Staff](https://http://goosmannlaw.com/non-attorney-staff/) - Practices & Industries - [Practices](https://goosmannlaw.com/practices/) - [Banking & Finance](https://goosmannlaw.com/banking-finance/) - [Bankruptcy, Restructuring & Workouts](https://goosmannlaw.com/bankruptcy-restructuring-workouts/) - [Business](https://goosmannlaw.com/business/) - [Divorce & Family Law](https://goosmannlaw.com/divorce-family-law/) - [Employment](https://goosmannlaw.com/employment-law/) - 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At the Intersection of Estate and Business Planning](https://blog.goosmannlaw.com/ceo-on-your-side/goosmann-law-firm-at-the-intersection-of-estate-and-business-planning) By [Goosmann Law Team](https://blog.goosmannlaw.com/ceo-on-your-side/author/goosmann-law-team)   |  26, June 2013 [READ NOW](https://blog.goosmannlaw.com/ceo-on-your-side/goosmann-law-firm-at-the-intersection-of-estate-and-business-planning) [Read Post](https://blog.goosmannlaw.com/ceo-on-your-side/goosmann-law-firm-at-the-intersection-of-estate-and-business-planning#article) [![](https://blog.goosmannlaw.com/hs-fs/hubfs/Logos/Logo1.jpg?width=60&name=Logo1.jpg)](https://blog.goosmannlaw.com/ceo-on-your-side/author/goosmann-law-team) [Goosmann Law Team](https://blog.goosmannlaw.com/ceo-on-your-side/author/goosmann-law-team)  Tags: [Business News and Insights](https://blog.goosmannlaw.com/ceo-on-your-side/topic/business-news-and-insights) [CEO](https://blog.goosmannlaw.com/ceo-on-your-side/topic/ceo) June 26, 2013 - *Trusts & Estates* magazine reports that in the United States there are more than 17 million family-owned businesses. This number represents roughly 90 percent of all businesses in America. Family businesses employ more than 60 percent of the entire U.S. workforce. Family-owned businesses are the backbone of our economy. At the same time, the majority of all family businesses fail to survive the transition from the founders’ generation to the next generation. Most of them are gone within two or three generations. For the families who own these businesses, making sure that the business thrives now and survives later is often their biggest planning priority. It is the most important issue in their estate and asset protection strategy. Their business is most likely the most valuable part of the estate and it is a priority for them to pass the business on to the next generation. As an attorney, we have the ability to help business clients grow, operate, maintain, and ultimately transition their family businesses. We can build and nurture lifelong relationships with our business-owner clients that satisfy your needs while providing steady value to your business. Perhaps most importantly, we meet the business owner’s multifaceted needs. We assist owners in all phases of business planning coordinating their business planning with their estate and asset protection planning. Their business partners and other family members also need their planning done in a way that coordinates with the business plan. This is the sweet spot we operate in for our clients, at the intersection between estate and business planning. Goosmann Law will continue to expand our focus on asset protection strategies, estate and gift planning and administration, and business and retirement planning. 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