A buy-sell arrangement is an agreement between owners of a business to provide instructions as to how the business will be transferred upon the death, disability, or retirement of a shareholder.
In this episode, we review some of the more common buy-sell agreements and how they are structured to include the different pros and cons of each. We also discuss the critical role life and disability insurance can play to properly fund a buy-sell agreement.
You can visit buy-sell life insurance to learn more.
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On Purpose with Jay Shetty
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