Partnership & Buy/Sell Funding
When a partner in a business dies, protecting the business is of utmost importance to the remaining partners. It's important to have a plan to continue the business without interruption.
A Buy-Sell agreement ensures that business flows seamlessly to buy a deceased partner's shares from the heirs. Life insurance is the best vehicle to fund this purchase of those shares.
Haven't yet addressed this issue with your business partner(s)? Let's talk