Business Continuation Planning for the Loss of a Family Business Owner

Foley Partner Gregory Monday authored an article that appeared in the April 2010 issue of Estate Planning titled “Business Continuation Planning for the Loss of a Family Business Owner.” Monday discusses the elements and implementation of a comprehensive businesses continuation plan upon the loss of a company Principal due to death or disability. He states that such a plan will enable businesses to continue profitable operations with outside management until the business can be sold or other succession plans can be enacted.