Shareholder Agreements: Calculating Business Value

  Background Sometimes the best illustration of how things should work properly is when the very thing that should be working ceases to work at all.  Nowhere is this more evident than in business succession planning and the use of shareholder or unitholder agreements to undo an ill-considered or rushed buy in.  Sometimes a failure …

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Discretionary Trusts and Succession Planning

There is an old adage that goes something like this:  The first generation make the fortune, the second generation consolidate and build the fortune, and the third generation spend it. It is mightily important then, if we are to provide for the needs of the spendthrifts of the third generation, that the succession plan between …

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