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Protect Your Business and Safeguard Your Future

A well-structured buy-sell agreement is essential for any business partnership. It outlines the terms for buying or selling a partner’s ownership interest in the event of a triggering event, such as death, disability, retirement, or divorce.

Why is Buy-Sell Funding Important?

  • Ensures a Smooth Transition: Provides liquidity to buy out a departing partner’s interest.
  • Protects Business Continuity: Minimizes disruption and maintains business operations.
  • Preserves Partnership Value: Maintains the business’s value and prevents forced liquidation.
  • Provides Peace of Mind: Offers financial security to both partners and their families.
How Buy-Sell Funding Works
  1.  Create a Buy-Sell Agreement: A legally binding contract outlining the terms of the buyout.
  2.  Secure Funding: Implement a funding strategy to ensure the necessary funds are available when needed.
  3.  Choose a Funding Mechanism: Consider options like life insurance, disability insurance, or a dedicated funding account.

Nova Star Can Help You

Our experienced consultants can assist you in:

  • Developing a Comprehensive Buy-Sell Agreement: Tailored to your specific needs and circumstances.
  • Selecting the Optimal Funding Strategy: Analyzing your financial goals and risk tolerance.
  • Implementing Effective Risk Management Strategies: Protecting your business and your partners.

Don't Leave Your Partnership's Future to Chance

Contact Nova Star Insurance Consultants today to discuss your buy-sell funding needs.

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