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If you’re not convinced yet, here are a few more reasons why you should set up a buy-sell agreement for your business right off the bat: 1. You’ll establish a fair value price for shares.
Buy-sell agreements can vary depending on the business owners' needs and the state’s statute for buy-sell agreements. Generally, they should include the following information: ...
1. Ensuring Business Continuity. A buy-sell agreement provides a clear framework for what happens when an owner exits the business. Without one, disputes among remaining owners or heirs may arise ...
While stock purchase agreements transfer company ownership, asset purchase agreements transfer only specific assets or liabilities. For example, if you sell equipment to another company, you would ...
Business owner clients seeking to use the shrinking estate-tax window to pass down closely held shares may need to think through new or updated buy-sell agreements. For business owners trying to ...
For business owners trying to remove some assets from their estates while ensuring an orderly succession in the event of death, disability, retirement, divorces or other challenges, the buy-sell ...
An entity-purchase agreement is a type of business succession plan used by companies that have more than one owner. Often, the company will take out an insurance policy on each of its partners in ...
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