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Buy and Sell Funding Arrangements
If the key partner in your company dies unexpectedly, would you be prepared? You could find yourself in a situation working with the partner's heirs who may not be familiar with or knowledgeable about the business. Buy-sell agreements allow the surviving partners and shareholders to carry on the business without the influence of the deceased's family.
They also ensure that the deceased owner's dependents or heirs receive full value for the business at the time of the owner's death.
The point of a buy-sell agreement is to ensure there will be a ready market, at a fair price, for a business owner's share of the business.
We can help you get funding through life insurance to make this happen.
Contact us to learn how you can prepare for the future with buy-sell insurance.
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