Buy & Sell Strategies
Protect Your Business
All business owners, whether they own or co-own their business, should have a plan in case of an unexpected death. Every moment that a business increases in value without some sort of buy-sell agreement, the financial risk of the owner increases.
Buy-sell agreements can help protect a business owner and his or her business from unintended ownership transfers and protect the heirs by offering them the chance to turn shares into cash. They also provide protection in a corporation with multiple owners, as they set the price and terms for a buyout long before it becomes a front-office issue. We can offer advice on buy-sell agreements and can provide referrals to attorneys who can help determine the right type and draft the agreement.