Business Succession Planning
At some point in the life of any business the issue of succession planning will emerge. The founder may wish to pass the business to a younger generation or sell to an outsider. A principal owner may wish to retire from the business. A business owner may die or become disabled. All of these circumstances call for careful planning and present the parties involved with many complex choices. Our attorneys provide creative alternatives for approaching these succession planning issues, both at the time the new business is being organized or later in its life.
Our services include the following:
- Shareholder agreements
- Buy-sell agreements
- Operating Agreements
- Life insurance agreements
- Voting trusts
- Stock option agreements
- Preferred stock arrangements
- Voting and nonvoting stock
- Tax planning
