Succession options
- Sale to insiders (management or partners)
- Sale to third parties
- Gifts or gradual transfers to family
Valuation & price
Understand income, market, and asset approaches; align price with tax goals and financing capacity.
Family transfers & trusts
Use annual exclusion gifts, GRATs, or other estate tools where appropriate; watch related‑party rules and basis implications.
Funding & buy‑sell agreements
Set clear triggers (death, disability, retirement) and funding (insurance, installments). Coordinate with entity type and tax elections.
Timeline & governance
Build a multi‑year plan with roles, training, and board oversight; ensure documentation and consents are in place.