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When Family Shareholders Want Out

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Too Many Aunts, Uncles, and In-Laws Who Own Stock and Have Clashing Interests and Personalities can Bring a Company to its Knees. Here’s how to Buy Out Some of Your Family Shareholders to Preserve the Peace. by Harvey D. Shapiro Death, it sometimes seems, may be the easiest way out of a family business. With proper attention to insurance, succession, and estate planning, those who leave this veil of tears can also depart from their family firm with limited impact on the business. Other exits are often decidedly more traumatic for the businesses and the More…

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