Trilogy Financial

The Advantages of a Buy-Sell Agreement for Business Transitions

By Trilogy Financial
September 18, 2018
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Businesses with more than one owner face unique challenges in planning for the future. A buy-sell agreement is an arrangement between business partners to govern potential ownership transitions, including the “four Ds”: death, disability, divorce and disagreement.

One of the advantages of a buy-sell agreement is that can protect the company and the remaining owners by outlining how the departing owner’s shares are handled.

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