Buy/Sell Agreements Protect Your Business Interest.
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The information contained in this presentation is being provided with the understanding that it is not intended to be interpreted as specific legal or tax advice. Individuals are encouraged to seek the guidance of their own personal legal or tax counsel.
Buy/Sell Agreements are an integral part of the on-going operations of your business and should be created in the formation stage of your business. If you don’t have a Buy/Sell Agreement in place, it is never too late to establish one.
Once your company has established a Buy/Sell Agreement, it is very important to periodically review your agreement to make sure it keeps current with changes in your business value, your business management, and your personal needs.
The business agrees with each owner that upon death, disability, or retirement of any owner, it will purchase that owner’s entire interest at an agreed price.
The remaining owners agree to purchase the withdrawing owner’s entire interest at an agreed price. It is also possible that individuals who are not currently owners may be parties to the agreement.
We work with you and your advisors to help make sure your
Buy/Sell agreement is properly structured and funded.
For more information or to schedule a review of your Buy/Sell agreement, please contact:
Ricke & Associates
425 Bank Street, P.O. Box 906
New Albany, IN 47150
Phone: (812) 944-4461, 1-888-537-4253
Fax: (812) 945-1328
Ricke & Associates cannot give legal or tax advice.