#03: Buy-Sell Agreements and Succession Planning

For Owners, Executives, and Family Members of Closely Held Businesses

For Existing and New Agreements

It's been widely reported that 80% of the owners/executives of closely held businesses have not effected a buy-sell agreement to purchase their stock upon death or disability.

The best argument for having a buy-sell agreement is not the advantages of having one but rather the possible negative consequences of not having one. Every business that has more than one owner should plan for and protect against the untimely death or disability of an owner. Without protection, the company, its owners, and their families will pay a steep price.

Use this Resource Report to protect the value of the business and assure its continuation beyond its current owners. Properly structured, a buy-sell is also a means of providing additional income to you and your family on your disability or retirement. Other topics: Types of buy-sell agreements and uses, buy-sell checklist, valuing the ownership position, taxation issues, financing the buy-out, and areas to review on existing buy-sell agreements.

Price: $39.00   |   Pages: 22