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Keeping the Business in the Family

Buy/Sell Agreement to Ensure Your Business Stays in the Family

A buy/sell agreement is the best way to ensure the business goes to your family, along with a source to fund the transfer of the business to them. Normally, the company carries enough insurance to allow the company to either buy out non-family members or provide the company money to allow the kids to buy in.

If you need a legal team to help plan for the succession of your business, Anthony J. Madonia & Associates would be happy to help. Feel free to contact us with any questions and concerns you may have.

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