A buy-sell agreement gives the business owners, employees, suppliers, customers, lenders, and bonding agents comfort and security that the business will successfully survive the death, disability, or retirement of one or more of its owners. A properly designed and funded buy-sell agreement provides assurance to the surviving or remaining owners that their business will continue in a successful manner. At the same time, it provides deceased, disabled, or retiring owners with funds that will enable them to meet their needs and pay their estate settlement costs. Our helpful resource provides detailed guidance on issues such as how to choose the right plan for corporations and methods of funding a buy-sell agreement.
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