ContentsCoverTitlepageIntroduction1. Definition of a Buy-Sell Agreement2. Reasons to Have a Buy-Sell Agreement3. Why Have a Buy-Sell Agreement?4. About This bookThe Importance of Buy-Sell Agreements1. The Topics Covered in a Buy-Sell Agreement2. Types of Buy-Sell Agreements3. Advantages of Buy-Sell Agreements4.
Disadvantages of Buy-Sell Agreements5. Alternatives to Buy-Sell AgreementsRestrictions and Transfers of the Different Types of Buy-Sell Agreements1. What to Consider First2. Cross-Purchase3. Redemption Buy-Sell Agreements4. Hybrid Buy-Sell Agreements5. Related or Ancillary Documents6. Transfers7.
OptionsRedemption Buy-Sell Agreements1. Advantages of a Redemption Buy-Sell Agreement2. Disadvantages of a Redemption Buy-Sell Agreement3. Section 303 Redemptions4. Tax ConsequencesCross-Purchase Buy-Sell Agreements1. Advantages of a Cross-Purchase Buy-Sell Agreement2. Disadvantages of Cross-Purchase Buy-Sell AgreementsTable 1: Number of Insurance Policies Required in a Cross-Purchase Agreement3. Tax Consequences4.
Trusteed Cross-Purchase Buy-Sell Agreements5. Entity-Owned Cross-Purchase Life Insurance Buy-Sell AgreementsHybrid Buy-Sell Agreements1. Uses of Hybrid Buy-Sell Agreements2. Life Insurance Policies3. Tax Consequences4. Wait-and-See Buy-Sell AgreementsTriggering Events1. Buy-Sell Agreement Triggering Events2. Responses to the Occurrence of a Triggering EventFunding Purchases in Buy-Sell Agreements1.
Savings2. Debt3. Life Insurance4. Disability Insurance5. Installment PaymentsValuation in Buy-Sell Agreements1. Methods of ValuationTable 2: Level of Value2. Tax Value for Buy-Sell Agreements3. Hiring a Business AppraiserCommon Errors in Buy-Sell Agreements1.
Failure to Coordinate2. Improper Selection of Type of Buy-Sell Agreement3. Improper Selection of Triggering Events4. Associated Rights and Obligations Following Occurrence of a Triggering Event5. Vexatious Valuation6. Life Insurance Issues7. Failure to Protect the S Election8. Failure to Properly Plan for Funding Obligations9.
Low Easy Terms10. Divorce As a Triggering Event11. The Spouse As Potential Owner or Controller or Interests12. Blanket Prohibition of Lifetime Transfers of Interests for Estate Tax Planning Purposes13. Subsequent Sales of the Entity14. Lack of Trust15. Failure to Provide for Methods of Dispute Resolution16. Family Issues17.
Bad Surprise Boilerplate18. Failing to Keep a Buy-Sell Agreement Current19. Too Many People Involved Who Are Not Informed about the Agreement20. Don't Forget Related Properties21. Failure to Carefully Coordinate22. One Size Doesn't Fit All!Working with Professional Advisors1. How to Evaluate and Select Professional Advisors2. Who Should Be on Your Advisor Team?3.
The Ethical Issues4. A Final Word about Your Professional Advisors and This BookFor Professional Advisors1. Top 21 Traps2. Ethical Issues3. How to Use This Book to Make Your Job Easier4. Outside Buy-Sell Agreement Resources5. Selected S Corporation IssuesExamples of Buy-Sell Agreements1. Cross-Purchase Buy-Sell Agreement Examples2.
Redemption Buy-Sell Agreement Examples3. Hybrid Buy-Sell Agreement ExamplesBuy-Sell Agreement Review ChecklistAbout the AuthorNotice to ReadersSelf-Counsel Press thanks you for purchasing this ebook.