Established Estate, Tax, and Business Law Practice

<p>Founded in 1992, a well-established boutique law practice specializing in estate planning, estate and trust administration, probate, business law, and tax planning. For more than three decades, the firm has built a reputation as one of the leading estate planning practices in the Greater New Haven market, serving high-net-worth individuals, families, business owners, and fiduciaries through long-standing referral relationships with attorneys, accountants, financial advisors, and existing clients.<br /><br />The practice generates revenue from a diversified mix of legal services, led by Estate Planning (46%), Estate Administration (27%), and Trust Administration (16%), creating a balanced combination of transactional work and recurring fiduciary engagements. The firm's mature trust administration portfolio provides an ongoing stream of recurring revenue while estate planning naturally feeds future estate administration work, creating a self-replenishing client lifecycle.<br /><br />Financially, the firm has demonstrated strong profitability, generating approximately $1.53 million in trailing twelve-month revenue and approximately $665,000 of adjusted EBITDA, representing a 43.4% EBITDA margin. Following operational changes after the departure of a former partner, the practice has returned to consistent growth.<br /><br />The firm's competitive position is supported by more than thirty years of market presence, an experienced legal staff with lengthy tenure, established operating systems, modern legal technology, and a broad referral network that continues to generate new matters without formal advertising. Demographic trends further support future growth as an aging population increases demand for estate planning and estate administration services while many competing estate planning attorneys approach retirement with limited succession planning.<br /><br />The seller is pursuing retirement but remains flexible regarding transition timing and is willing to remain involved for an extended transition period to ensure continuity of client relationships and operations. Additionally, the affiliated real estate, which houses the firm's long-term office location, is available for purchase as part of the transaction, providing an opportunity for buyers seeking both the operating business and the underlying real estate.</p>