What Is a Buy and Sell Agreement? A buy and sell agreement (or buy-sell agreement) is a legally binding contract that stipulates how a partner's share of a business may be reassigned if that partner ...

Learn how a buy-sell agreement safeguards your business against unforeseen events and ensures a smooth ownership transition.

There are two significant reasons for a client to have an updated and funded buy-sell agreement. One is to allow the surviving partner to maintain sole control of the business if one of the owners or ...

Few business owners want to work with the spouses or children of a partner who can no longer perform their duties. In this situation, buy-sell agreements are best for severing ties. When a company has ...

A buy-sell agreement is triggered upon the occurrence of certain specified “triggering events.” The parties to the agreement may build one or more triggering events into their particular buy-sell ...

In today’s complex business landscape, advisors play a vital role in guiding business owners through critical transitions, and succession planning is paramount among business owners’ concerns. While ...

When it comes to succession planning, Logan Roy isn’t the only patriarch without a plan to pass the torch. The TV series Succession is a popular modern-day family tragedy of Shakespearean proportion, ...