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Business Succession Planning


Business Succession Planning is a strategy used to transition leadership roles to other employees or a designated group within a company.

Kelley Kronenberg can help you develop a customized contingency plan, tailored to your situation and goals, to secure and protect the future of your business once you retire or are unable to fulfill your responsibilities due to incapacity or death.

From choosing a qualified successor to executing the succession plan, the firm is committed to creating a comprehensive process that minimizes the disruption to your business as leadership shifts.

Our firm assists with all types of transition options, including:

  • Buy-sell agreements
  • Family limited partnership
  • Grantor retained annuity trusts (GRATs) or unitrusts
  • Private annuities
  • Selling business interests
  • Self-canceling installment notes

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