Buy-sell agreements
Terms for buying an owner's interest after death, disability, retirement or departure.
Many businesses around Belgium have been family-run for generations. VHD Law helps owners plan how ownership and control will pass, and what happens if a family member wants out.
In family businesses, plans often live in conversations around the kitchen table. That works until a parent retires, a sibling wants to sell, a spouse divorces or an owner dies unexpectedly. Without written terms, those moments can become disputes about value, control and fairness.
A succession plan puts the answers in writing before they are needed. It can include a buy-sell agreement that sets how an owner's interest is valued and purchased, operating rules for who makes decisions and a timeline for transferring ownership. Coordinating it with estate planning keeps the business and the family plan aligned.
Decide who will own and who will run the business, which are not always the same people.
Set a method for valuing an owner's share when it changes hands.
Death, disability, divorce or a family member leaving the business.
We help family-owned businesses in northern Ozaukee County plan for ownership changes.
Terms for buying an owner's interest after death, disability, retirement or departure.
Decision-making, voting and roles among family owners.
Gradual transfers to the next generation and the documents that support them.
Aligning business documents with wills and trusts.
Options when owners disagree about direction or money.
Belgium is a small village in northern Ozaukee County, with farms, trades and manufacturers that are often owned by families. Business disputes from here are generally heard in the Ozaukee County Circuit Court in Port Washington.
Before a consultation, gather your entity documents, any existing agreements among owners and a list of who currently owns what percentage of the business.
Our Germantown office serves business owners in Ozaukee County. Contact our team to discuss consultation options.
We learn who is involved and what each person wants.
We look at entity documents and any agreements already in place.
We prepare buy-sell and governance documents that fit your goals.
We align the plan with estate documents and revisit it as things change.
Treating children fairly does not always mean giving each the same share of the business. Some families give the business to the children who work in it and balance other children with different assets.
Talking through those choices with an attorney can help the family reach a plan everyone understands.
Get to know the VHD Law attorneys who work in this practice area. Contact our team to discuss appointments and your legal needs.
Daniel works with clients on business agreements, real estate decisions and related legal matters.
View Attorney ProfileQuestions Belgium-area owners ask about family business succession.
It is an agreement among owners that sets when and how an owner's interest can or must be sold, including how the price is determined.
That is often the best time to create one. It sets expectations before an event, such as a death or retirement, creates pressure.
Ownership interests pass under estate documents, so the business plan and the estate plan should work together.
Disputes involving a Belgium business are generally heard in the Ozaukee County Circuit Court in Port Washington.
See other legal matters our team can discuss with clients in the area.
Planning the future of a family business in Belgium? Schedule a consultation to put the plan in writing.