Buy-Sell / Shareholders Agreement / Corporate Succession Planning
- Client Profile
- Two or more partners in business, often as a corporation.
- Desire to provide mechanism and funding for family to be taken care of.
- Desire to provide mechanism and funding for continuation of business.
- Solution Opportunity
- Draft and execute, and/or review, Buy-Sell agreement / Shareholders Agreement.
- Agreement may be funded through the use of UL, often corporate owner, corporate beneficiary, but not always.
- On death (or disability, or other triggering event), face amount and/or cash values to be used to buy-out partners shares.