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If your business partner died tomorrow, who would own their shares? If you don't have a funded buy-sell agreement, the answer might surprise you.
Martin Ochwat sits down with Ben Corriveau (Founders Wealth) to break down buy-sell agreements — what they are, the three types, how life insurance funds them, and what actually happens to a business when a partner dies without one.
What's covered:
• What a buy-sell agreement is and why every partnership needs one
• The 3 types: Cross Purchase, Entity Redemption, and Hybrid
• How life insurance funds the agreement (real numbers)
• What happens without one — 3 nightmare scenarios• The biggest mistakes business owners make with existing agreements
Book a free strategy call: https://dundaswealth.ca/apply
Website: https://dundaswealth.ca.
Podcast: https://keepwhatyoubuild.com.
This content is for educational purposes only and should not be construed as financial, tax, or legal advice.
By Dundas WealthIf your business partner died tomorrow, who would own their shares? If you don't have a funded buy-sell agreement, the answer might surprise you.
Martin Ochwat sits down with Ben Corriveau (Founders Wealth) to break down buy-sell agreements — what they are, the three types, how life insurance funds them, and what actually happens to a business when a partner dies without one.
What's covered:
• What a buy-sell agreement is and why every partnership needs one
• The 3 types: Cross Purchase, Entity Redemption, and Hybrid
• How life insurance funds the agreement (real numbers)
• What happens without one — 3 nightmare scenarios• The biggest mistakes business owners make with existing agreements
Book a free strategy call: https://dundaswealth.ca/apply
Website: https://dundaswealth.ca.
Podcast: https://keepwhatyoubuild.com.
This content is for educational purposes only and should not be construed as financial, tax, or legal advice.