In this episode you will learn about:
What are buy and sell agreements When you you have two or more partners in a business, why is a buy/sell agreement so important The role life insurance plays when funding a buy/sell agreement How else do your business owner clients use life insurance as part of their business planning What happens when a business owner want to pass his/her business to the next generation but only't or 2 of the children are involved in the business while the others have a different career? How is life insurance used in this instance? What if I am a sole proprietor and I don't have children or a spouse that are interested or capable of running my business where does life insurance come into