Can events such as retirement or disability be part of a buy-sell agreement?
Yes, in fact, many buy-sell agreements contain disability and retirement buyout provisions. To help pay for these future benefits, many business owners coordinate permanent insurance with a disability buy-sell policy. When combined, the policies help pay disability benefits or retirement income on a tax-advantaged basis.
Related Questions
- How does a corporate buy-sell agreement deal with the death or disability or termination of employment of a key owner or owners of a closely held corporation?
- Can the Army Discharge Review Board (ADRB) grant me a disability separation or retirement?
- Are legal fees incurred in petitioning for disability retirement tax deductible?
