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Uptown Life And Annuities PLLC

Life Insurance, Annuities and Life Settlements

(713) 588-0510

What is a Buy Sell Agreement?

A buy sell agreement is a legally binding agreement used by sole proprietorships, partnerships and closed corporations to divide the business share or interest. Every co-owned business needs a buy-sell agreement. The agreement protects all owners or partners when someone wants out of the business, sell his or her shares, goes thru a divorce, passes away, becomes disabled or retires.

Life insurance can guarantee assets will be available to fund the agreement and protect against unintended transfer of ownership.

Contact us to find a policy that meets your needs.