What Are Buy-Sell Agreements?
Buy-sell agreements are a business strategy that creates a legally binding contract between two parties, where one party sells business interest to the other when there is a specific event or situation – such as an owner or major investor’s death, disability, or retirement.
What Problem Do They Solve?
A buy-sell arrangement protects a business following unexpected and/or significant life events, which leaves the remaining partners in charge in the unfortunate event of death, disability or retirement of an owner of the company.
What Is The Solution?
Form a comprehensive buy-sell arrangement funded with life insurance.
Remember to always seek advice from attorney’s, CPA’s & licensed life insurance agents.