A Buy-Sell Agreement Can Save Surviving Business Partners from Uncertainty, Turmoil

| posted in Blog, Newsletter

Life is unpredictable, and sometimes the unthinkable happens and we lose a loved one or a business partner. For many small businesses, the passing of a partner could lead to a number of issues regarding ownership, with the future of the organization in doubt if the surviving family members of the deceased want to sell their stake. That could bring in a new partner that may not share the same visions or operating culture as the remaining owners. To avoid this turmoil, you should consider a buy-sell life insurance policy agreement that sets the stage for an orderly sale of…
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