Few business owners want to work with the spouses or children of a partner who can no longer perform their duties. In this situation, buy-sell agreements are best for severing ties. When a company has ...

Fifty-three percent of family business owners have a buy-sell agreement. Are you one of them? A buy-sell agreement can protect your business against many unexpected events. When preparing your ...

Since buy-sell agreements require its owners to transfer equity in the practice group upon termination of employment, death, disability, or retirement (each, a “Trigger Event”), the practice group ...

Life insurance is designed to help protect a household from the financial hardships that may follow the untimely death of a primary wage earner. But how will a death affect a small business? One way ...

Running a business is a complex endeavor that requires careful planning and foresight. One of the most critical yet often overlooked aspects of business planning is succession planning. One way to ...

Two of my pet topics — dysfunctional buy-sell agreements and application of federal court abstention doctrine in private company disputes — intersect in a decision issued last month in Ray v Raj Bedi ...

Disaster strikes, your business partner unexpectedly dies. Much to your surprise, you have just inherited a new partner: your deceased partner’s spouse. Many business owners face this situation every ...

A buy-sell agreement between the joint owners of a closely held business or professional practice is critical for the orderly continuation of the business following a “triggering event,” such as the ...

In today’s complex business landscape, advisors play a vital role in guiding business owners through critical transitions, and succession planning is paramount among business owners’ concerns. While ...

When selling your business, you may be thinking about scoring a quick payout and retiring. But many buyers today want the person who built the business to continue to play a key role after the sale, ...