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Buy-Sell Agreements Protect Your Team

 

Buy-Sell Agreements Protect Your Team

Whether you own a partnership or corporation, we can help you set up a buy-sell agreement while you are alive and capable of doing so.

Protect Your Team Players

We will help you value your company and set up the right Buy-Sell Agreement to meet Canada Revenue Agency's (CRA) standards.

We can determine if the company has the cash flow or a large amount of money available to fund the buy-out of the deceased or disabled owner. If not, permanent life insurance can be used to fund a buy-sell agreement as it can pay a large amount of tax-free capital at the right time -- at the decease of the business owner.

We will meet with your lawyer and the buyers' lawyers. After the agreement is drafted, all parties will review it to their satisfaction, and then sign it to make it legal. It is suggested that the life insurance be purchased first to ensure that one is insurable. Even where there is a medical problem, in most cases, there is an insurer willing to design a policy to suit the risk, based on the health of the respective individual.

 

 

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Les Voros is dual licensed for the sale of insurance products. As such, you may be dealing with more than one company depending on the products or services provided.

Les Voros Financial is registered to do business in the province of British Columbia only. Any business transacted between yourself and Les Voros Financial must take place at a location within this province.

The use of this website is subject to the following terms and conditions and constitutes the user’s agreement to those terms and conditions. Information on this website is provided solely for the user’s information and while thought to be accurate it is provided without warranty of any kind, either express or implied. Les Voros Financial will not be liable for any damages, direct or indirect, arising from use of the information provided on this website.

 

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