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Stephan R. Leimberg / Morey S. Rosenbloom / Series : a Market Builder Library Selection / Leo C. Hodges Editor, Jeffrey H. Mandell, Authur Bachman, Paul Silberberg, Robert J. Doyle : Funding Corporate Buy Sell Agreements with Life Insurance [Critical / Practical Study ; Review Reference ; Biographical Details ; in Depth Research ; Practice / Process Explained ; Eductation / Learning ; discussion]

The Research and Review Service of America Inc 1980 / 1981, Clean and Unmarked Text

~ SCARCE TITLE ~. Paperback : soft cover edition in good to better condition, a typical used book with slight wear to edges and spine. Overall good / nice copy of this scarce title. Excellent reading on the subject. A good book to enjoy and keep on hand for yourself. Or would make a GREAT GIFT for the fan / reader in your life. Reading is one of the great pleasures in life. Excerpt from wikipedia: A buy-sell agreement may be thought of as a sort of "premarital agreement" between business partners/shareholders. It is sometimes called a 'business will'. An insured buy-sell agreement (agreement funded with life insurance on the participating owner's lives) is often recommended by business succession specialists and financial planners to ensure the buy-sell arrangement is well-funded and also to guarantee there will be money when the buy-sell event is triggered. In the sale of a business, a buy-sell clause (or Shotgun clause) in a shareholder agreement preserves continuity of ownership in the business and ensures that everyone is fairly treated, the buyer as well as the seller. It is a binding contract between business partners or shareholders about the future ownership of the business. A buy-sell agreement is made up of several legally binding clauses in a business partnership or operating agreement (or it can be a separate agreement that stands on its own) that can control the following business decisions: * Who can buy a departing partner's or shareholder's share of the business (this may include outsiders or be limited to other partners/shareholders); * What events will trigger a buyout, (the most common events that trigger a buyout are: death, disability, retirement, or an owner leaving the company) and; * What price will be paid for a partner's or shareholder's interest in the partnership and so on. Buy-sell agreement can be in the form of a cross-purchase plan or a repurchase (entity or stock-redemption) plan. For greater neutrality and effectiveness of the buy-sell arrangement, the service of a corporate trustee is recommended. Please send us a note if you have any questions. Thank you.. Illustr.: Illustrated with Examples. Book. Binding: White Cover Shows Minor Soil

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