At Buckley Fine, their lawyers understand how important it is to determine and document business transition plans. In some cases, that future could bring with it the exit or death of original partners or founders. In this eventuality, a robust and thorough business-succession plan is crucial to keeping their enterprise functional and profitable.
One central aspect of business-succession planning is the development of buy-sell contracts. These contracts protect remaining partners, spouses and stakeholders, as well as prevent interruptions to a business. The firm’s team of experienced attorneys is prepared to serve clients by developing agreements that meet the needs of their enterprise and maintain its smooth operation no matter what the future brings.
Buckley Fine’s Barrington-area attorneys can help determine what will happen to a business in the event of a change in ownership via a buy-sell agreement.