Buy-Sell Planning for Businesses

Buy-Sell Planning for Businesses - LMBCo Erie, PA

If you're a business owner, whether you own all or part of it, you should have a buy-sell agreement in place as a part of your succession plan unless you plan on being lucky forever.

A buy-sell agreement features mutually agreeable terms and ensures a smooth transition of ownership. Without a buy-sell agreement, there is potential for multiple financial and tax problems in the event of an owner's death or disability.

Buy-sell planning is important for any type of business whether you're a corporation, partnership, LLC or even proprietorship. The partners and associates at LMBCo can help with buy-sell planning for your business from top to bottom.