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Wealth Preservation
Shareholder Agreements
Every business with more than one owner should have an up-to-date shareholder agreement. It makes good sense to protect existing assets you have worked to build, and to be properly positioned to protect your future wealth-generation efforts.
Anticipated and unanticipated future events will undoubtedly impact on the ownership and management of your business. A current shareholder agreement is an essential tool to provide for orderly ownership and management continuity.
Acrimonious breakups are stressful, hard on the business and can actually reduce the value of your business should you suddenly need to sell. Even if your business partners are family members, you are not immune; in fact, family partnerships are often more problematic than non-family partnerships. Business disagreements within a family are extremely stressful and can permanently damage family relationships.
How We Can Help
KPMG Enterprise can help you tailor your agreement to meet your intentions. Our professionals can provide valuable advice about the tax, accounting, financing, insurance and reporting implications of your shareholder agreement. In addition, our advisers can
facilitate fundamental discussions about shared values and desired contingency plans in this potentially sensitive area of your relationship with your partners.
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