Comerica Business Owner and Wealth Advisory Webcast:  Buy-Sell Agreements

A well-prepared Buy-Sell agreement is essentially a road map for the orderly transfer of a departing owner’s interests in a business. It governs who, when and under what terms the ownership interests can be transferred and is a critical tool for business succession planning.
 
As part of the Comerica Wealth Management webcast series, Tom Seck, National Director - Business Owner Advisory Group, addresses Buy-Sell Agreements and the importance of implementing one now, before the actual event arises

 Why A Buy-Sell Agreement?

  • To prevent/reduce chaos with the loss of a critical member of an ownership team or the introductions of an incompatible new owner.
  • To address issues a sole business owner may have if some children are active in the business and others are not.
  • To establish a transferring owner's interest for estate and income tax purposes.

 

Featured Speaker:

Featured Speaker: Tom Seck, National Director - Business Owner Advisory Group, Comerica Wealth Management
 


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