DEAL STRUCTURING FOR the lifestyle succession plan

Unique Terms for a Unique Transition

A Lifestyle Succession Plan is the gradual passing of the torch from one generation to the next, which allows the founder to perpetuate their business–and their income–while fueling growth.

When drawing up the plans and documents for your Lifestyle Succession Plan unique deal structuring applies. By its nature this type of succession plan requires you to consider increment amounts for ownership transfer, what each increment is worth, and a set time table for reassessing, adjusting, and continuing the plan.