May 282018
 

Anyone who owns an interest in a partnership, multiple member LLC, or small corporation should understand the importance of having a proper buy-sell agreement in place for their business. Every business owner should develop a plan of action in the event that one of the owners of the company becomes disabled or passes away, as well as if an owner decides to retire by transferring or selling his or her interest in the company. A well-drafted buy-sell agreement is critical for every business because, even though a business may be brand new, one of the situations mentioned above is inevitable More…