Buy-Sell Agreements

Ensure the smooth transition of business ownership with our guide on Buy-Sell Agreements. This resource covers the fundamentals of cross purchase and stock redemption agreements, helping business owners protect their interests and those of their heirs. Understand the role of insurance policies in funding these agreements and the tax implications for all parties involved.

Highlights:

• Cross Purchase Agreement: Learn how this structure works to buy out a deceased owner’s share using life insurance proceeds.

• Stock Redemption Agreement: Discover the benefits and complexities of having the company itself buy back shares.

• Insurance Considerations: Insights on using life, disability, and professional liability insurance to secure business operations and ownership