Up to this point we have described methods of planning for your business succession using Insurance techniques. The basic concept of this approach uses leveraging your money. For example, we recommend Life Insurance and Disability Insurance because your business value...
Note: Albany.com is not responsible for posts and comments written by non-staff members.
Essentials of A Business Succession for Disability
Remember when we discussed Business Succession in the event of a premature death? There we said that a continuation agreement could be made either one of two basic ways. The business owners could make a succession plan between themselves. Alternatively the...
The Disability Buy-Out
We have previously discussed how important it is to have a Disability Income Protection Plan for the continuation of your hard-earned business. The reason is obvious. If you could no longer be gainfully employed, how can you sell your interest...