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Preserving a family business for generations

Creation date: Mar 11, 2026 8:22am     Last modified date: Mar 11, 2026 8:22am   Last visit date: Apr 21, 2026 6:35am
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Mar 11, 2026  ( 2 posts )  
3/11/2026
8:23am
Jonas William (williamsjonas918): edited 3/11/2026 8:24am

In such cases, a Family Foundation is sometimes used. Shares in the company can belong to the foundation rather than to specific family members. This allows for stability in the management of the business, the definition of a long-term strategy, and the avoidance of situations where heirs sell or divide the company.

3/11/2026
8:22am
Colin Kravits (bonya4113)

We have a family company that has been operating for many years. We would like to preserve it for future generations, but we are concerned that after a change of ownership, the business may be divided or sold. Is there a way to secure the ownership structure so that the company remains under family control?