Buy/Sell agreements

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We can help you Draft either a Buy or Sell Agreement

The way a buy-sell agreement works is that a clear transition for ownership of the business when each partner passes away or chooses to leave the business is decided upon. This legal agreement is most commonly used in the instances of sole proprietorships, closed corporations and partnerships.

The agreement will stipulate that the remaining business share be sold to the company or certain members of the business. In the case of partner death, their estate is legally obligated to sell.

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