(Back to Part 1 HERE) Are there other options? If your business partner dies as a result of their illness or injury, you have the option of a share buyout. You can design a company Buy Sell Agreement to activate when your business partner falls ill, due to cancer for example, with Critical...
Read PostBuy Sell Agreement Funding (Disability Insurance) – PART 1
In our previous post, we discussed how to purchase the shares off the estate of a recently deceased partner, allowing you to avoid being in business with your former partner’s spouse. The reason for this is that they most likely would've had no involvement in your business before, and wouldn't be...
Read PostKey Person Protection
In this post, we'll be discussing Key Person Protection. Think about this: What would YOU do if you lost a Key Person in your company, someone you rely on heavily for your business? Corporate Owned Life Insurance can save the day. In our previous blog post, we discussed how it can be structured to...
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