What it is and why your clients need it
A buy-sell agreement ensures stability in business transition and prevents heirs from having to run or sell the business after an owner dies. With a buyer in place, a life insurance policy assures that funds will be available when needed. Heirs get needed cash, and surviving owners are assured that the heirs or a stranger cannot insert themselves into the business.
We’ve been compiling some great materials to assist you with your business cases. Please call our office to discuss your next case and have a look at our new Business Planning Toolkit.