You can’t run your business forever, so when can it transition to your successors? And how? And who will those successors be? The survival of the business, and your financial future, depend in large part on the manner and timing of a successful exit plan. And if you run a family business, how can you ensure it transitions to the second and third generations? We can help guide you through the process of mapping and executing a successful exit plan. We’ll consider:

• Income you’ll need for the future
• Income the business can generate when you’re gone
• Identities of competent management
• Transition structures including ESOPs
• Tax issues
• Third-party financing
• Transition documentation, such as 
• Stock purchase agreements
• Asset purchase agreements
• Merger agreements
• Buy/Sell agreements
• Promissory notes and security instruments
• Non-compete covenants
• Consulting agreements
• Management and transition services agreements
• Stay bonus arrangements