familybusiness.ag

North American Family Business Advisors Dedicated to the Preservation of the Family Farm

Preplan a Partnership Split

Lydia SorensonComment

Author: Marcia Taylor
Published: DTN Magazine 
Featuring: Dick Wittman

Buy-sell agreements offer ground rules to prevent emotional and financial trauma. Consistency in approach should be the norm, whether a buyout is triggered by death, disability, retirement, or involuntary separation. This article show cases how a multi-party family partnership has weathered eight major transition events in 30 years. Read the full article here.