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Legal Research

: Stark County Law Library Blawg

"Small Business Succession Planning Strategies"

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From the e-newsletter: "In America, there are more than 10 million small business owners. Many business owners are going to have to decide when will be the right time to step out of the business and how you'll do it."

 

Seven strategies discussed include:

Strategy 1: Selling your business interest outright...

Strategy 2: Transferring your business interest with a buy-sell agreement...

Strategy 3: Grantor retained annuity trusts or grantor retained unitrusts...

Strategy 4: Private annuities...

Strategy 5: Self-canceling installment notes...

Strategy 6: Family limited partnerships...

Strategy 7: Do additional research...

 

Read more...

 

Source: FindLaw's The Practice Paper: For Solo & Small Firm Lawyers. 28 April 2010 Copyright © 2010 FindLaw, a Thomson Business. Subscribe  <http://newsletters.findlaw.com/>.

Full post as published by Stark County Law Library Blawg on April 29, 2010 (boomark / email).

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