Ownership complications arose within a third-generation manufacturing business after the owners passed away and bequeathed shares evenly to all of their children. Only one child worked and brought their children into the company as well. Another sibling also wanted to continue to participate in the company.
The other siblings never worked in the business and did not want ownership responsibility. They requested liquidity for their shares but the other family members did not want to sell the business. Destined provided the following services for the family: