Lamson, Dugan and Murray's business attorneys have significant experience with business succession planning. The Firm's expertise in the area of buy-sell agreements and family business succession planning can assist our closely-held business clients in creating a market for the ownership of their business interests. This planning effort necessarily involves, in many instances, the grooming of management in the next generation or identifying outside management when required. The development of appropriate incentives for younger owners or outside management is also an important part of business succession planning.

The Firm's attorneys and paralegals fashion customized solutions to unique business circumstances and produce business succession plans that permit our clients' businesses to survive and flourish over many generations, through the structuring of:

• Buy-sell agreements
• Family asset protection plans
• Family limited partnerships and limited liability companies
• Life and disability insurance programs
• Deferred compensation plans
• Business reorganizations and recapitalizations