Better safe than sorry, that’s the premise behind this Special Report. The key is appropriate contingency planning for a professional group practice. In part good planning requires thinking through the pros and cons for your situation regarding having a buy-sell agreement.
The details are important and this material provides a list of Action Items to guide you. Items raised include, options for what methodology should be used to value an interest, what definition of a permanent disability will be used, how long will a professional covered by the buy-sell agreement have before being declared permanently disabled and what financing or other terms will be used to buy out a partner.
Author: Terri Wagner Cammarano, Esq.