Christopher Juillet, PLC
Attorney and Counselor at Law
2860 Carpenter Road, Suite 100B
Ann Arbor, Michigan 48108
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Just as every family needs to have a comprehensive estate plan in place, so too should every business make plans for the orderly succession of the business entity from one owner to the next.
Whether a business interest is being sold to new owners, reapportioned among current owners, or transferred to the next generation of family members, it is vitally important that all parties use a framework that facilitates a smooth, principled financially sound and amicable transition, including:
Buy-sell agreements Business valuation methodology Purchase agreements Asset lien clearance Documents of sale.