Boston Corporate Succession Lawyers

Massachusetts Business Dissolution Lawyers

If you own a closely held business with family members or other business partners, it is never too early to start thinking about what will happen if one of you dies, gets into a dispute with the other partners or no longer wishes to be involved in the business.

At the law firm of Gilman, McLaughlin & Hanrahan, LLP, our experienced Boston corporate succession attorneys provide cost-effective, detail-oriented counsel and representation to family and closely held businesses in all matters involving business succession and dissolution.

Counseling the Owners of Family and Closely Held Businesses

Our firm has been helping businesses in and around Boston, eastern Massachusetts and Cape Cod anticipate, avoid and resolve succession, ownership and control disputes since 1973. We are available to assist family and closely held businesses with issues such as the following:

  • Buy-sell agreements: The most common mechanisms used by closely held businesses to avoid future disputes over corporate succession are buy-sell agreements. These agreements can restrict the buying and selling of shares in a business and regulate buyouts of business partners and their successors, often funded by life insurance policies.
  • Business dissolution: When a family or closely held business is no longer able to function in its current form, an orderly dissolution process may be necessary in order to protect the rights, interests and investments of everyone with a stake in the business.
  • Estate planning: Our attorneys are experienced at helping business owners understand and respond to the estate planning consequences of buy-sell agreements and other corporate succession agreements to which they are parties.

You have worked hard to build your business. Our attorneys can help you protect your investments of time and money at any stage in the succession or dissolution process. Contact us today to discuss your concerns with an experienced business lawyer.