Florida Buy-Sell Agreement Law Firm: Dean & Dean, LLP in Ocala
People have written lengthy books on the subject of buy-sell agreements. This is because buy-sell agreements must take into consideration an immense amount of variables and then address your best outcome. It is highly advisable that you seek the help of an experienced attorney. Dean & Dean LLP in Ocala, Florida can draft a comprehensive buy-sell agreement for your business. Whether you need it right away or just want to feel prepared for the future, we will cater the agreement to your unique situation.
Business Buy-Sell Agreements: Financing the Purchase
As business lawyers, one question we get all the time is how to fund the buy-out. This is a big question that needs to be precisely answered in a buy-sell agreement. Your attorney must take into consideration the needs of both parties.
If there is a death, then insurance will pay for the share. However, one of the most common circumstances is one where the buyer does not have enough cash on hand to pay in full and the buy-sell agreement must outline a payment plan. This brings in the potential for non-payment, so the plan must detail what happens in the event of a missed payment or refusal to pay, and other foreseeable problems. This is where the assistance of a knowledgeable Florida business attorney can help.
Contact a Buy-Sell Agreement Attorney at Dean & Dean, LLP
Dean & Dean in Ocala, FL has years of experience helping clients work through many different types of business legal issues, including the drafting of comprehensive buy-sell agreements. Contact our law firm at (352) 515-9221 for a consultation regarding the legal needs of your business. We look forward to hearing from you.