/buy-sell agreement

WHAT ARE THE PARAMETERS OF A BUY-SELL AGREEMENT? 

 

A buy-sell agreement is a legal binding contract, that dictates the terms of a future sale and transition of a business’s interest while safeguarding the stability of ownership and management.  In general, a buy-sell agreement is triggered by specified identifiable circumstances. For example; triggered by a (divorce, illness, disability, retirement or death) of a business owner.

 

In general, a buy-sell agreement can be established by utilizing a life insurance policy. When a buy-sell agreement is funded with life insurance the owner of the policy can use the life insurance proceeds, to purchase the deceased business owner’s interest based on a prearranged life insurance amount.

 

WHY IS A BUY-SELL AGREEMENT ADVANTAGEOUS? 

 

With a buy-sell agreement in place, you’re able to guarantee the stability of your business while in an orderly transition, lessens any differences regarding the value of the business and avoids the possibility of heirs wanting to run or sell the business after an owner’s death.

 

Contact Us: To learn more about the three basic types of a buy-sell agreement. 

 

THE DELINGTON REPORT:

About Us

With well over a decade of experience, Delington Financial & Insurance services were established in the year 2012 and originated in the city of Whittier, California on Greenleaf Ave.

 

While remaining grounded in our beliefs of attracting as well as retaining well-informed trained professionals with integrity, the principals of this independent brokerage firm immediately experienced moderate growth, by developing a business model that honors a professional consultation along with an effective educational approach when servicing individuals, families and business owners with value-added guidance. 

our Commitment To You. 

We aim to use an efficient - complimentary consultation, along with an effective educational approach, that will allow you to make a well-informed decision. Overall our goal is to provide you with exceptional service and support that is aligned with helping you reach and maintain your individual goals and objectives ....while having your best interest in mind. 

 

Delington Financial &Insurance Services 

Office: 1-800-705-0723 

 

21515 Hawthorne Blvd. Ste. 200

Torrance, CA. 90503

 

Email: info@delington.com

 

© 2014 Delington Financial and Insurance Services: 21515 Hawthorne Blvd. Ste. 200, Torrance, CA. 90503  - Office: 310-377-1470 - EMAIL: info@delington.com 

CA. License # 0E94802 – Since 2005

 

The applicable financial planning, investment information provided within this website is not intended as tax or legal advice.  Please consult with an experienced Tax Advisor, Attorney or Accountant, accordingly prior to acting upon any financial planning investment information contained throughout this website. In the interim be advised that Delington Financial & Insurance Services; Agents and Representatives are trained, certified and licensed by the state of California, and capable of providing complete insurance and financial advice that is relevant to the aforementioned company's product portfolio, services and strategies, featured carriers insurance and financial planning illustrations, applicable data and documents that reference an objective. Note that non-guaranteed, guaranteed values and other significant particulars based on an individual, or group results will vary and may be more or less favorable.