Closely Held Businesses & Succession Planning
Carlsmith Ball works with Hawaii’s family-run and closely held companies to formulate, document and implement business succession plans for the continued success and growth of their businesses.
Owners and founders can take comfort as they work with our attorneys to plan the transfer of their businesses to future generations. Carlsmith Ball’s expertise in this field is proven; our attorneys have completed countless employee stock ownership plan (ESOP) transactions in Hawaii.
Our attorneys handle all aspects of closely held businesses and succession planning issues and strategies, including:
- Buy/sell agreements
- Employee Stock Ownership Plan (ESOP)
- Stock redemption agreements
- Tax deferred sale of stock to ESOPs