Estate planning attorney Brian Honness presented Business Transition Planning for Auctioneers at the 2026 Pennsylvania Auctioneers Association (PAA) Annual Conference and Trade Show, offering practical guidance to help auction businesses prepare for long‑term stability and smooth ownership transitions. He covered core transition‑planning fundamentals, such as identifying successors, timing, transfer mechanics, aligning business and personal goals, and reducing risk.
Brian also emphasized key estate‑planning documents, tax issues, and the roles of decision‑makers during unexpected events. Attendees received an overview of transition options, including family succession, sales to employees or partners, third‑party sales, gradual step‑backs, and orderly wind‑downs, illustrated through practical scenarios.
He concluded by addressing common pitfalls, including late advisor involvement, incorrect assumptions about family participation, tax challenges, business‑real‑estate complications, and restrictive covenants.
McNees Wallace & Nurick today announced that attorney Eric Beinhart has joined the firm’s Estate Planning Group in Pittsburgh, where he will advise individuals, families and business owners on estate planning and administration matters. Beinhart’s practice includes wills, trusts, powers of attorney, advance healthcare directives, probate, and estate administration. He also brings litigation experience, including […]
McNees Wallace & Nurick today announced that attorney Sherlyn Martinez has joined the firm’s State and Local Tax Group in Radnor, where she will advise businesses on state and local tax matters. Martinez advises clients on tax planning, compliance and tax considerations related to business operations and transactions. Her work includes state income and franchise […]
McNees Wallace & Nurick continues to grow and strengthen its team with the addition of four former law clerks: Morgane Barry, Madison Butler, Sarah Meehan and Josiah Montgomery. Key takeaways: “Welcoming Morgane, Madison, Sarah and Josiah is an exciting next step for each of them and for our firm,” said McNees Chair Brian Jackson. “They bring […]
A changing equation: The issues and innovations shaping today’s tax landscape. Tax laws, regulations, and technology continue to change how businesses, organizations, and individuals approach tax planning and compliance. A Day on Tax brings together McNees attorneys and guest speakers for a full-day program examining current developments in state, local, and federal tax law and […]
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