This is a contractual agreement between the shareholders of the business to allow the deceased’s/disabled partners shares
to be purchased through a forced purchase and forced sale agreement (Buy & Sell) by the remaining shareholder/s from the
deceased/disabled partners beneficiaries. This is usually funded by the proceeds from a risk policy.

Important questions to ask yourself when considering Buy & Sell Agreements:

  • What happens to mine or my partners' shares if either of us pass away or become disabled?
  • Do I have the funds to purchase my partners shares in the event of death or disability?
  • Do my partners have the funds to purchase my shares should I pass away or become disabled?
  • Do I have a correctly structured Buy and Sell agreement in place? When last was this agreement reviewed?
  • Do I want my partners' beneficiaries to become shareholders in my business if he/she were to pass away or become disabled?
  • What happens if I don’t have the funds to purchase my partners' shares?
  • When last did I have my business evaluated?
  • Is the value in the agreement an accurate reflection of the market value of the business?

If you are unsure about any of the above questions, we suggest you click on the contact us tab.
One of our skilled, accredited and professional financial planners will then contact you to arrange a
meeting where sound advice can be given, and all of the above questions can be answered.