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Whitepaper

Options for funding a buy-sell agreement: the case for life insurance

Do you know what will happen to your business interest in the event of your death? What if you become disabled or seek to retire?

First, you should check your legal agreement. Your legal agreement dictates how your business operates, including provisions like governing structure, owner responsibilities and financial matters, among others. In some cases, your agreement will address what happens to your business interest in the event of certain occurrences. In others, however, your agreement will not cover all of the situations required to truly protect you and your business interest. This is where a separate legal agreement (buy-sell agreement) – addressing your death, disability and retirement – is critical.

Download our e-book to understand:

  • Why a buy-sell agreement may be right for you
  • Why you may need funding options and some common alternatives to funding options
  • How you can fund a buy-sell agreement with life insurance

The information provided here is of a general nature and is not intended to address the specific circumstances of any individual or entity. In specific circumstances, the services of a professional should be sought. Tax information, if any, contained in this communication was not intended or written to be used by any person for the purpose of avoiding penalties, nor should such information be construed as an opinion upon which any person may rely. The intended recipients of this communication and any attachments are not subject to any limitation on the disclosure of the tax treatment or tax structure of any transaction or matter that is the subject of this communication and any attachments.

Baker Tilly Wealth Management, LLC (BTWM) is a registered investment advisor. BTWM does not provide tax or legal advice. BTWM is not an attorney. Estate planning can involve a complex web of tax rules and regulations. Consider consulting a tax or legal professional about your particular circumstances before implementing any tax or legal strategy. The information provided here is of a general nature and is not intended to address the specific circumstances of any individual or entity. In specific circumstances, the services of a professional should be sought. Securities, when offered, and transaction advisory services are offered through Baker Tilly Capital, LLC, Member FINRA and SIPC; Office of Supervisory Jurisdiction located at 4807 Innovate Ln., Madison, WI 53718; phone: +1 (800) 362 7301. Baker Tilly Wealth Management, LLC and Baker Tilly Capital, LLC are controlled by Baker Tilly US, LLP. Baker Tilly US, LLP, is an independently owned and managed member of Baker Tilly International. © 2022 Baker Tilly Wealth Management, LLC

Alec Abbott
Executive Managing Director
Kelly Baumbach
Executive Managing Director
William Grady
Director
Michael Lum
Director, J.D.
Gary A. Plaster
Principal, MBA
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