Some key agreements to consider as an essential part of your succession plan.  These are not all inclusive and we will further elaborate on them in later posts.

1. Shareholders’ agreement, including buy sell and addressing the 3D’s (death, divorce, disability)

2. Family employment and compensation agreement

3. Voting agreement

4. Dividend policy

5. Insurance, how much is enough? and what type of insurance is suitable?  Includes life insurance, cybersecurity, business.

6. How much to reveal to and discuss with the following generation (the children) about your wealth? about your trade secrets?

More here: Successiontoday blog

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