Estate Planning In Denver Blog

Authored by Estate Planning Lawyer Nick Klimas and the occasional guest writer
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Business Succession Plan

Your business is booming! I would hate to reality check you, but what plan do you have in place in the event something unexpected occurred? Its more than just passing away unexpectedly, if thats what you were expecting the Estate Planning Attorney to say. What if you needed to sell to your business partner or a third party? What about an injury leaving you partially disabled? Business succession planning is truly setting you up for success on many fronts. A buy-sell agreement is a tool utilized by business owners or partners of a business that can be funded by life and disability insurance policies. The agreement sets a valuation or at the very least, sets a calculation for valuing the busin

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