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Do I Need A Contingency Plan?

Contingency Plan in Spokane Do I need a contingency plan in Spokane? Succession plans are usually designed to accomplish the owner’s goal of transferring ownership and management responsibility to the successor during the owner’s lifetime. However, a sound succession plan must also provide a contingency plan in the event an owner’s premature death or disability …

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Two business personnel shaking hands after a contract has been signed

Questions About Your Buy-Sell?

I’ve often said a properly drafted and adequately funded buy-sell agreement may be the best legal document in an owner’s filing cabinet. A buy-sell agreement may help by:  Preventing unwanted persons from becoming owners.   Ensuring continuity of ownership through a number of triggering events.   Providing a ready market for closely held business interests.  Establishing a …

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