Talbot & truhlsen

law offices

More than 25 Years of Success

Talbot and Truhlsen Law Offices is a partnership of attorneys and professional staff that offers big town experience and expertise combined with the convenience and personal attention unique to small town living. 


Rachel Truhlsen, lawyer

Business Succession Planning

Our firm has experience in advising owners of family businesses on strategies for transferring ownership and management of their businesses to children or others.

We work with the other members of the client’s professional team, including CPAs, qualified appraisers, and other professionals, to make sure their business succession goals are met according to their wishes. We help our clients plan for continuity of management and ownership, while also ensuring protection for those family members who are not active in the business.

Our firm advises individual clients and their businesses in connection with corporate buy-sell agreements, shareholder cross-purchase agreement, and establishing irrevocable life insurance trusts (ILITs) to fund such agreements.

In connection with the transfer of business interests to younger-generation family members, we have advised clients on a variety of strategies which may include the gifting of business interests, either outright or in trust, and the use of installment sale agreements for the purchase of such business interests.

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