Plus, you can rip off the Band-Aid easier if the buy-sell agreement is just one of several contracts, documents and forms on your to-do list for kicking off business operations. Back to top 2.

If you own all or part of a business--any business--you should know about buy-sell agreements. Unless you plan to be lucky forever, you’d better have one. Without it, a closely held or family ...

For entrepreneurs starting or building a business with a partner or partners, one of the must-haves is a buy-sell agreement. This agreement establishes protection for all parties and the company ...

When I drafted our agreement, I was only thinking about death at the time but there are many events that can trigger a buy-sell agreement. As you review your own agreement, a good start is to ask ...

There are two common forms of buy-sell agreements: In a cross-purchase agreement , the remaining owners or partners purchase the share of the business that is for sale.

A buy-sell agreement is a legally binding document between co-owners of a business that spells out how a business should be transferred if a co-owner leaves the business willingly or is terminated.

To ensure your buy-sell agreement does everything you want it to, you’ll want to enlist the help of a business attorney experienced in buy-sell agreements, preferably when you form the company ...

Pursuant to the buy-sell agreement, the company redeemed Michael’s shares from his estate for $3 million, and Michael’s estate paid federal estate tax on his shares in the company based upon ...

One such document should be the Buy-Sell Agreement, which generally sets forth the rules that govern ownership interests in the business upon the death, retirement, or disability of one of the owners.

For entrepreneurs starting or building a business with a partner or partners, one of the must-haves is a buy-sell agreement. This agreement establishes protection for all parties and the company ...

Buy-sell agreements often use life insurance policies to fund a potential buyout in the event of a partner's death. A buy and sell agreement may also be called a buyout agreement, a business will ...