Buy-Sell Agreements Effectively Plan for the Future
Business owners juggle many different job titles, but one unlikely occupation is fortune teller. That’s why buy-sell agreements are such invaluable documents for businesses that are owned by multiple parties or if a business owner has multiple heirs. Such agreements make provisions for when a business owner would like to retire or is no longer able to operate the business and determines how business assets and ownership of the business will be divided if a co-owner wants to leave the business or an owner should pass away or become disabled. Buy-sell agreements leave nothing to chance, ensuring that all parties, including descendants...
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