An Estate Planner's Guide to Buy-Sell Agreements for the Closely Held Business
Select a format
Select subscription type
Terms & conditions
Subscribers receive the product(s) listed on the Order Form and any Updates made available during the annual subscription period. Shipping and handling fees are not included in the annual price.
Subscribers are advised of the number of Updates that were made to the particular publication the prior year. The number of Updates may vary due to developments in the law and other publishing issues, but subscribers may use this as a rough estimate of future shipments. Subscribers may call Customer Support at 800-833-9844 for additional information.
Subscribers may cancel this subscription by: calling Customer Support at 800-833-9844; emailing email@example.com; or returning the invoice marked "CANCEL".
If subscribers cancel within 30 days after the product is ordered or received and return the product at their expense, then they will receive a full credit of the price for the annual subscription.
If subscribers cancel between 31 and 60 days after the invoice date and return the product at their expense, then they will receive a 5/6th credit of the price for the annual subscription. No credit will be given for cancellations more than 60 days after the invoice date. To receive any credit, subscriber must return all product(s) shipped during the year at their expense within the applicable cancellation period listed above.
Accessible to practitioners with varying degrees of experience in the subject, An Estate Planner’s Guide to Buy-Sell Agreements for the Closely Held Business provides guidance for assisting owners of a closely held business in structuring arrangements to deal with the withdrawal of an owner from the ownership of the business. The book explains the important differences to consider when drafting an agreement for a business operating as a corporation (either a C or S corporation), a partnership, or a limited liability company (LLC).
A well-drafted buy-sell agreement can achieve key objectives for your client. The book succinctly defines the most important of these benefits from the perspective of each party that may have an interest in a buy-sell agreement: the deceased owner’s estate, the retired or disabled owner, the withdrawing owner, and the remaining owners.
Beginning with a brief discussion of recent developments affecting buy-sell agreements, the book then explains the various types of buy-sell agreements and how to choose the right type of agreement for a particular situation. It outlines the suggested terms of a well-drafted agreement and discusses the various options for funding a buy-out, including alternative methods of compensation. Separate chapters cover issues important to S corporations, partnerships and limited liability companies, and professional service corporations Other topics covered include:
•Use of a buy-sell agreement to set the value of an interest in a business entity for estate tax purposes
•Income tax consequences for both the entity and the departing owner
•Special concerns when dealing with family-owned businesses
This updated edition includes downloadable sample agreements ready to customize to your client’s estate plan requirements. Whether you’re dealing with an S corporation, C corporation, family-owned business, or LLC, you’ll benefit from these detailed sample agreements.
eBooks, CDs, downloadable content, and software purchases are non-cancellable, nonrefundable and nonreturnable. Click here for more information about LexisNexis eBooks. The eBook versions of this title may feature links to Lexis+™ for further legal research options. A valid subscription to Lexis+™ is required to access this content.