Coordinate management, ownership, value, liquidity, and family.
Succession answers who can act after death or incapacity. Exit planning prepares a chosen transfer. Owners need both tracks because continuity does not create a buyer or cash.
Business succession and exit planning are not the same job Read More »
A buy-sell agreement needs more than a trigger and price. It should name the buyer, interest, valuation process, payment, funding, and control rules through closing.
What should a Texas buy-sell agreement answer? Read More »
Owner authority divides into voting, management, employment, signing, banking, and personal agency. An incapacity plan must name a lawful successor in writing for each business function.
If the owner becomes incapacitated tomorrow, who can run the business? Read More »
A deceased owner’s successor may receive LLC economic rights without becoming a member or manager. The company agreement, estate plan, marital property, and buyout terms control the outcome.
What happens to a Texas LLC interest when an owner dies? Read More »
Fair family-business planning separates pay for work, economic ownership, decision control, liquidity, and other inheritance instead of forcing every concern into one percentage at death.
One child works in the business and one does not. What does fair mean? Read More »
Business value does not pay a bill by itself. Liquidity planning matches each company, estate, buyer, and family obligation to a realistic primary and backup funding source.
Where will the cash come from when a business owner dies? Read More »
