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The Role of Buy-Sell Agreements In Family Business Succession: Coordinate the terms with the client's estate-planning documents.

Authors :
Leibell, David T.
Denton, Jacqueline B.
Source :
Trusts & Estates; Mar2024, Vol. 163 Issue 3, p48-51, 4p
Publication Year :
2024

Abstract

The article discusses topics on estate planning, particularly the role of buy-sell agreements in family business succession. Also cited are how the use of ownership transfer restrictions in said agreements can provide stability and continuity of a business during succession and the triggering events for implementation like retirement, disability, and bankruptcy.

Details

Language :
English
ISSN :
00413682
Volume :
163
Issue :
3
Database :
Complementary Index
Journal :
Trusts & Estates
Publication Type :
Periodical
Accession number :
175953822