Succession Planning

Other Types of Buy-Sell Structures

You can structure your buy-sell agreement in different ways depending on your business structure and your own needs. For example:

  • An entity-purchase buy-sell obligates the business to purchase the interests of each departing or deceased owner.
  • A unilateral or one-way buy-sell is used in a sole proprietorship, for example, when you are the sole owner of a business and wish to sell it in its entirety to a family member or key employee.
  • A wait-and-see buy-sell gives the business the first option to buy, and lets the remaining owners choose to buy if the business does not exercise the option to purchase.
Share Article:
Add to GooglePlus
Investment products are:
  • Not a deposit
  • Not FDIC Insured
  • Not Insured by any federal government agency
  • Not guaranteed by the bank
  • May go down in value

Investment and insurance products and services are offered through INFINEX INVESTMENTS, INC. Member FINRA/SIPC. Infinex and the bank are not affiliated. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.