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Buy-sell agreements can be "ticking time bombs" for their clients if not written correctly, and can cause major liabilities, losses and disputes when it comes time to sell a company. There are myriad business factors to consider. Gaining a better understanding of these important business agreements is critical to providing business clients the best counsel. Experts Chris Mercer, ASA, CFA of Mercer Capital and Paul Hood, Jr., Esq unravel the challenges faced by planners when crafting buy-sell agreements for clients.
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