Buy-Sell Agreements are an extremely effective Exit Strategy and Estate Planning Tool for Business Owners. Not only does a Buy-Sell Agreement stipulate an obligated Buyer (in the event of a death/disability/or other triggering event), but a properly funded Buy-Sell Agreement also stipulates the price, trigger, and necessary funds to complete the transaction.
Our Buy-Sell Agreement Services Include:
Buy-Sell Agreement Review
Complimentary informal business valuation (using five commonly used valuation methods) and summary of any issues/recommendations for an existing buy-sell agreement.
Buy-Sell Agreement Design
We work with your key tax and legal advisors to design, draft, and/or review/implement a buy-sell agreement.
Buy-Sell Agreement Funding
We discuss, price, design, and implement buy-sell agreement funding vehicles. Typically, these involve key person life insurance, disability buy-out plans, or other funding vehicles if one of the participants’ uninsurable.
Our services provide a starting point for discussions with your tax and legal advisors either to address potential concerns or confirm that your agreement is up-to-date and meets your current objectives.
To properly value your business and design, review, and fund a Buy-Sell Agreement we will need some information on yourself, your goals, and your company. This includes: any current buy-sell agreement (or shareholder agreement), information on your company and its owners, company financials, and any currently active insurance or deferred compensation plans.
Please contact us to confidentially discuss your business and exit strategy options.
We look forward to helping you.
Please note, all concepts, strategies, and products mentioned may not be suitable for you or your company. Information provided is not intended to be legal or tax advice. Please consult with your tax and legal advisor for specific questions.