Family Business Planning and Asset Management

Legal services provided:

• Succession planning for closely held business interests
• Management and preservation of assets
• Fiduciary duties
• Shareholder agreements and buy-sell covenants
• Structuring redemption agreements, option contracts, shareholder agreements, buy-sell covenants, and rights of refusal
• Separating ownership and control
• Entity status, subchapter S elections, real estate LLCs
• Board structure and governance issues, before, during and after intergenerational transfers
• When and how to sell your business
• ESOPs and other forms of employee ownership
• Phantom stock plans, deferred compensation, and golden parachute plans
• How to achieve equality between children involved in the business and children not involved in the business