Buy-Sell Agreements with life insurance protects your personal business equity and creates capital for a future buy-out.
Using life insurance in buy-sell agreements to protect partner equity.
You and your partners work hard to grow your business.
If you or a business partner passes away would the family be able to fill their shoes?
Would the partners have enough cash to buy out the deceased partners equity?
Buy-Sell agreements with life insurance:
provides a way for the remaining partners to buy-out the deceased partner's equity.
raises enough instant capital without obtaining a loan.
allows the deceased partners family to reap the equity and walk away.
provides a continuation of business plan for the partners.