Buy-sell agreements are an essential tool for succession planning and managing ownership rights and obligations. They allow owners to establish a method or formula to determine a fair price for ownership interests in advance of predictable or unpredictable events, helping to avoid the possibility of disputes that could result in the liquidation of a business. They are appropriate for most every type of business and business entity. If you own a business and don’t have a buy-sell agreement in place, click here to learn why you should.
