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The Lawyer's Guide to Family Business Succession Planning - Gregory Monday
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Description
The Lawyer's Guide to Family Business Succession Planning Gregory Monday ISBN 9781641056915
In family-owned businesses, effective succession planning is essential to ensure the smooth transfer of ownership and leadership to the next generation and secure the long-term success of the company. This guide equips lawyers with a comprehensive, step-by-step framework for advising family business owners on succession planning. Each section provides practical guidance, insights, and resources to help you design structures, draft documents, and implement strategies that result in a thorough and effective succession plan.
Organized as a complete roadmap—from the initial client meeting to the final implementation—each chapter explains core concepts, highlights critical issues, offers practice tips, and points to additional resources for deeper exploration.
Key topics covered include:
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The full process of family business succession planning
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Ethical considerations for the family business attorney
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Planning for the sudden loss of a business leader
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Business restructuring for flexibility and economic efficiency
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Governance mechanisms tailored to successor ownership structures
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Essential contracts with family and third-party stakeholders
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Financial planning and security for retiring owners
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Trusts and fiduciary considerations in family business ownership
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And much more
An appendix provides a practical outline, checklist, and worksheet to support effective planning and implementation, making this guide an indispensable tool for lawyers advising family business clients.
The Lawyer's Guide to Family Business Succession Planning Gregory Monday ISBN 9781641056915, 978-1641056915 & 9781641056922
Author
Gregory Monday
Details
- ISBN
- 9781641056915
- Publisher
- American Bar Association
- Publication Date
- October 2023
Condition Guide
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Acceptable
Readable throughout. Expect highlighting, margin notes, and wear on cover or spine. Best price for the same page numbers.
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Good
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Very Good
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Brand New
Unused and unmarked. Shrinkwrapped when available from the publisher.
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Brand New + eBook
Brand new print copy plus the publisher's eBook and supplemental digital access, where offered.
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