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Buy Sell Agreements in a Post-Connelly World

Wealth and Law

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Navigating Buy-Sell Agreements Post-Connelly

This chapter explores the complexities of buy-sell agreements in the context of recent legal changes, particularly the Connelly decision. It discusses the importance of properly structuring these agreements to prevent disputes and highlights common pitfalls, including the need for regular reviews. Additionally, the chapter delves into valuation standards, insurance implications, and tax considerations, emphasizing the necessity of clear communication between clients and their advisors.

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