The Legacy Builder
The Legacy Builder
Ascent Financial
#114 Give Me Liberty, Or Give Me Death! Buy-Sell Planning For Business Owners
28 minutes Posted Dec 1, 2020 at 4:18 pm.
0:00
28:31
Download MP3
Show notes

Whenever people get into business together, they should understand how they can get out if they have to, or are forced to. Jared and Al talk about the importance of having a good buy-sell agreement in place to protect the business owners and the business. A buy-sell plan addresses what happens if an owner in a business dies, becomes disabled, wants to exit the business, or is asked to exit the business. The duo shares best practices, and how to set up the buy-sell agreement based off the business' goals and economics, not just a template.