Buy-Sell Planning

Consider a buy-sell agreement for your business if: You have two or more owners. You want to provide protection in the event of any owner's termination of employment, retirement, divorce, disability, or death.

 

A buy-sell agreement is a contract created by business owners to help ensure that if one of the members passes away—or becomes disabled or retires—then that person's ownership interest will be sold to the remaining partners or to the company.