There are a multitude of purposes and uses for buy/sell agreements, including:
- Preserving business stability – Restricting the transfer of business interests to:
- maintain a balance of control
- prevent participation by third parties who may not be acceptable to current owners
- Estate planning – Providing a structured plan for transferring ownership.
- Reducing internal conflict – Preventing internal disputes that could cause irreparable harm to the business or its operations.
Call 574.232.3538 to speak to an attorney about how Buy/Sell Agreements can affect company operation and management, protect company assets and help provide continuity for your business.
