Common Contracts
2 similar Buy-Sell Agreement contracts
Capitas Financial: Funding A Buy-Sell Agreement With Life InsuranceBuy-Sell Agreement • September 1st, 2023
A buy sell agreement specifies what will happen to the interests of an owner, partner or shareholder who passes away or becomes disabled. If your company's buy sell agreement requires that the other owners or partners must purchase the deceased/disabled owner's interests, you can use life or disability insurance to fund the buy sell agreement rather than personal funds or business assets.
Capitas Financial: Funding A Buy-Sell Agreement With Life InsuranceBuy-Sell Agreement • October 4th, 2022
A buy sell agreement specifies what will happen to the interests of an owner, partner or shareholder who passes away or becomes disabled. If your company's buy sell agreement requires that the other owners or partners must purchase the deceased/disabled owner's interests, you can use life or disability insurance to fund the buy sell agreement rather than personal funds or business assets.