Continuation Planning

What would happen to your business if one of the following events happened to you?

  • Death
  • Disability
  • Divorce
  • Bankruptcy
  • Retirement
  • Falling out with partners or employees

Would you be able to pass on the value of your business to your family? How will you retire? Do you, your partners, family members, and employees know what to do if any of the above events do arise?

At the ICS Law Group, we help business owners identify potential events that could be detrimental to their business and we help business owners put a plan in place to addresses these events should they ever arise. Some of the plans we often help business owners create are:

  • Buy-sell agreements between owners;
  • Plans for continuing a family business; and
  • Exit strategies for retiring owners.

Having these types of plans in place allow all the parties involved to agree in advance on how the parties are going to proceed upon the occurrence of certain triggering events.

Continuation Planning, Succession Planning, and Buy/Sell Agreements are covered under our Monthly Retainer Program.