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Marion Douglas Financial and Insurance Services

Business Succession Planning

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Like many entrepreneurs, your business represents most of your personal wealth and years of hard work. By designing business continuity plans, we assure quality management and a smooth transition of ownership between stockholders and their families.

Unfortunately, 65% of successful family businesses do not continue into the second generation.  To protect and preserve your family business, proper planning, design, and implementation are essential.

Types of Buy-Sell Agreements

  • Entity Purchase Buy-Sell Agreement

  • Cross-Purchase Buy-Sell Agreement

  • Wait and See Buy-Sell Agreement

  • No-Sell Buy-Sell Agreement

  • Trusteed Cross-Purchase Buy-Sell Agreement


Key Executive Benefits

  • Attraction and retention of key people

  • Motivation and rewards for executives

  • Provision of select fringe benefits

  • Qualified and non-qualified plans

  • Stock options and appreciation rights

  • Employment agreements

  • Employment stock ownership plans (ESOP)


Employee Stock Ownership Plans (ESOP)


Our planning process is designed to increase your comfort in making decisions about and properly integrating these planning tools.

With you and your advisors, we listen, design, implement and maintain your preferences.

  1. Corporate finance tool

  2. Business succession tool

  3. Tax-free shareholder liquidity

  4. Deductible financing for capital costs

  5. Tax-deductible management buy-out

  6. Creditor protection and estate planning

  7. Convert profit-sharing plan to working capital

  8. Employee benefits

Check the background of this financial professional on FINRA's BrokerCheck
Check the background of this financial professional on FINRA's BrokerCheck