BUSINESS SUCCESSION PLANNING

Buy-Sell Agreements

A buy-sell agreement is a legally binding contract between two co-owners of a business that specifies how their respective shares could be reassigned if that partner dies or decides to leave the business.

Strategy for Sale, Transition, or Close-out

Sale, transition, or close-out strategy is a plan to successfully settle an entrepreneur’s stake in a business, limit their losses, and, if possible, make a profit.

Insurance Protection to Fund Transfer

Insurance protection for fund transfers refers to the coverage of funds wrongly transferred due to fraudulent instruction by a non-employee.

Entity re-formation

Entity re-formation is when a business or company repositions itself under a new division, such as a corporation, for tax or liability purposes.

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