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Redemption Agreement

If your business has co-owners, you probably need a buy-sell agreement

Buy-Sell Agreement, Small Business, Small Business Owners /

Are you buying a business that will have one or more co-owners? Or do you already own one fitting that description? If so, consider installing a buy-sell agreement. A well-drafted agreement can do these valuable things: Agreement basics There are two basic types of buy-sell agreements: Cross-purchase agreements and redemption agreements (sometimes called liquidation agreements). […]

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Dodge the tumult with a buy-sell agreement

Buy-Sell Agreement, Capital Gains, Gift and Estate Tax, Small Business, Small Business Owners /

Businesses with multiple owners generally benefit from a variety of viewpoints, diverse experiences, and strategic areas of specialization. However, there’s a major risk: the company can be thrown into tumult if one of the owners decides or is compelled by circumstances, to leave. A logical and usually effective solution is to create and implement a

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