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Whenever a corporation has more than one shareholder, a buy-sell agreement is recommended. The agreement takes effect in the event of a shareholder’s death, disability, retirement, or conflict with other shareholders. There’s a number of other specific circumstances where the agreement could also be enforced. The agreement prepares all shareholders in case a critical issue arises.
Outline Financial can help you through the process of reviewing a buy-sell agreement with you and your shareholders. We assist by giving you our expertise on the subject and providing structural and/or insurance based solutions to ensure all goals are addressed. With a buy and sell agreement review by Outline Financial, you ensure your corporation is in good hands.
Corporate Buy-Sell Agreement Solutions from Outline Financial
There are many objectives for a buy-sell agreement. The agreement can provide a smooth transfer of the business, avoiding potential disputes about the sale, purchase of the company, the price and other terms of sale. Most importantly the buy-sell agreement creates a degree of liquidity for illiquid shares of a private corporation.
If you’re interested in having us review your buy and sell agreement, contact Outline Financial to learn more about what we offer. We will make sure you understand your options, so that all parties involved are content with the agreement and proposed solutions.
Benefits of Working with Outline Financial?
- Professional Insurance Advisors
- Variety of Options Available
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