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Buy-Sell agreement questionnaire

There are a number of issues that need to be addressed when preparing buy-sell agreements, including:

• Identifying triggering events;
• Deciding between obligations to sell versus a right of first refusal;
• Determining whether the company will redeem a selling owner, or whether the other owners must purchase shares;
• Funding a buy-sell agreement with proper insurance; and
• Defining a method for setting the purchase price.

Reviewing and completing the buy-sell questionnaire on our web site is a first step for us to work with you to identify your goals in transferring your business interest. Click here for a buy-sell questionnaire.

 

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Thomas L. Bird & Associates, P.A.
6533 Flying Cloud Drive, Suite 100 Eden Prairie, MN 55344
Tel: (952) 914-5611 Fax: (952) 914-5699
thomas.bird@birdfirm.com