Implementing Your Business Transition Plan

Galen Martin

8123 / Business Governance and Transitions

A good business transition plan only works if properly implemented. This plan may include the following: structuring a financially viable deal for the buyer that enables the business to continue; providing for later life needs of the seller; equalization of inheritance among family members; minimizing taxation; and charitable gift planning. This session covers all these aspects, reviews the essential legal documents required, and provides common pitfalls to avoid.