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Why Your Business Needs a Buy-Sell Agreement

Why are buy sell agreements important? How do buy sell agreements work? What does a buy-sell agreement do?

If you own all or part of a business—any business—you should know about buy-sell agreements. Unless you plan to be lucky forever, you’d better have one. Without it, a closely held or family business can face a world of financial and tax problems on an owner’s death, incapacitation, divorce, bankruptcy, sale or retirement.

Case results depend upon a variety of factors unique to each case. Case results do not guarantee or predict a similar result in any future cases. Also, nothing in this website creates an attorney/client relationship, and you should not leave anything of a confidential nature on this website.

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