Buy-Sell Agreement Handbook: Plan Ahead for Changes in the Ownership of Your Business
Anthony Mancuso, Bethany K. Laurence*wants out of the business? *wants to retire? *goes through personal bankruptcy? *wants to sell his shares to someone else? *goes through a divorce? *passes away?
To make sure there's a smooth transition following someone's departure, it's essential that you create a sort of ''premarital agreement'' for your business with a buy-sell agreement. This legal document clarifies when co-owners can sell their interest, the circumstances when someone must sell, who can buy into the business and what price will be paid.
Buy-Sell Agreement Handbook walks you through creating your own buy-sell agreement, which is included on CD-ROM and as a tear-out. It provides all the tax and legal information you need at every step.
The 2nd edition, completely revised and updated, covers the latest estate-tax changes and how your agreement can affect your estate taxes.